48North Cannabis Corp. V.NRTH

RE:RE:RE:RE:Which LP’s have their license for edibles?

[flamingogold]

Well if we are short on the 40,000 kgs I am going to hypothesize that this was known for awhile by management and that internally there was some head butting about it... ie. whether to advance report on it knowing full well the consequence to the share price.

Did we not hear about the whisper of the short fall after Jeanette left? I'm wondering if there is something that ties these 2 stories together. Or maybe I am barking up a tree for nothing. I am still scratching my head as to why Jeanette left and further why she was allowed to go into a competitive space. Why was there no non-compete clause?

ipanema wrote: I agree that many of the LPs will just disappear. The keys to surviving will be production costs, cash and the ablity to sell. NRTH have the cash,for a year or so with poor sales, and we all expect the cost to be, lets say, very low. however as we move down the maturing road we should all be razor focused on sales. Can our team move the products in a timely manner. What we don't want is to be left with large quantities of 2019 produce on the shelves this time in a year.

I suspect the fall in SP is in part employees and their associates selling ahead of the news that we didn't get to 40,000kgs of dry cannabis from the harvest. I note that in the recent investor presentation the wording on page 7 was changed from past announcements to "40,000 kgs of Cannabis biomass" whatever that means. If they produce 20,000 kgs or equivalents from the farm that still, if we can sell it, gets us up to $80m revenues with Good House product. not too shabby!! So I'm not that concerned about not achieving the 40,000kgs. But we have to sell whatever we end up with...The future will proove our management team and I remain confident they're up to the challenge. GLTA