48North Cannabis Corp. V.NRTH

RE:RE:RE:RE:RE:RE:RE:target?

[sim_1]

Financing is about to become much more difficult in the sector; NRTH raised money at an excellent price - way above the current share price - I say they were very smart to do it then. Now because they did that they won’t have to raise any more money for the foreseeable future - might not have to raise any more money at all. That makes the whole project much less risky... wait till we start seeing bankruptcies in the sector, you’ll see if money matters - money can become a hard thing to get... BTW I like WMD too but won’t invest because they will need to raise more cash in a few months max. I’m way more comfortable with NRTH - and btw even if they don’t succeed this summer... they’ll still be ahead of everyone else next year... 
For some stupid reason investors still prefer bankers with no experience whatsoever in the sector than experienced CEOs with an impeccable track record in this very sector (look what Jeannette did with TGOD!), maybe, just maybe, because they love and consume the products they make... or maybe, just maybe, because they’re women... or maybe because they are not very “corporate”... but that will eventually change. I have full confidence in our Management team. Wouldn’t replace them with the ex banker of your choice...