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48North Cannabis Corp. V.NRTH


Primary Symbol: NCNNF

48North Cannabis Corp is a vertically integrated cannabis company. It is focused on the health and wellness market through cultivation and extraction, as well as the creation of authentic brands for consumer-friendly products. Its products are categorized into Bath, Intimacy, Flower, Pre-roll, topical, vapes, concentrates, and accessories. It has two geographical segments: Canada, which is the key revenue driver; and the United States.


OTCPK:NCNNF - Post by User

Comment by uptown59on Aug 23, 2019 12:27pm
89 Views
Post# 30059274

RE:Betting Bruiser comments on 48North Cannabis Corporation

RE:Betting Bruiser comments on 48North Cannabis CorporationHighlited statment is without merit and fear mongering.

Facts:
- US consumer spending ath since 2010
- US Home sales ath since 2010
- US GDP Growth Q22019, 2.1% and growing albeit slowly
- July unemployment rate, 3.7%, historic lows
- Avg wage growth, 2.6%
- US productivty, historic highs, 107
- July inflation, 1.8%, US Fed target 2.0%

I agree US is facing headwinds, but not doom and gloom. Globally, recession is possible, however US will fair at the top, US Dollar strength simply becasue investors like it better than alternative currencies. Gold looks good, however, it is riding the coat tails of the trade wars, etc.. Could change in a flash.

Facts:
- Vape pens with oils and CO2 propulsion are hot
- Washington State, 194% growth
- Oregon, 105% growth
- Colorado, 57% growth
- West Coast flower and oils are equal in sales


GLTA
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