48North Cannabis Corp. V.NRTH

Primary Symbol: NCNNF

Healthcare Drug Manufacturers - Specialty & Generic

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.

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48North Cannabis Corp. > Has anyone communicated with 48north

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Comment by greenalyston Nov 26, 2019 7:06pm

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Post# 30395775

RE:RE:RE:RE:RE:RE:Has anyone communicated with 48north

This comment will be relevant once there is official confirmation that the 12k kgs are high quality outdoor, organic cannabis. They have demonstrated no trustworthiness AND THEY MADE A SPECIFIC POINT OF SAYING THEY DO NOT KNOW THE THC OR CBD CONTENT OF THE crop. Kinda like they didnt know they needed drying facilities in place before planting two hundred thousand plants to process their projected 40,000kg crop. In your previous post you said under point 3: HC issues the drying license once the facility is in place and set up (or something to that effect). If they truly told you that, THEY ADMITTED THAT HC WAS NOT THE HOLD UP; THEY WERE GROSSLY INCOMPETENT.

Could they have learned and now be set up for next year? Maybe yes. The crop quality is ultra important at this stage and once again, they have nothing to report. You would think they could sacrifice a few mg, heck even a kg to find that out and tell us. If I was a multimillion dollar corporation in a competetive and struglling sector it would be the first thing I'd want to know. Makes you think they probably do know, no? Or are they just gonna ship thousands of kgs to the provinces and hope everything goes ok...?

This was their chance to be the first and best mover. Strike one. I'mnot sure this game gives you additional ones. I still have significant holdings. I should be pumping but I will just wait and see.

clubhouse19 wrote: As far as I am concerned..and that is me only,

They did produce 12k kgs which will satisfy commitments, learnt some good lessons as was acknowledged and can take that to next season's planting which will not be hindered by licensing, late planting or drying facilities.
Those who are looking for a quick turnaround, are better off going to the casino.

here you can only move as fast as the regulators allow you with the added competition from the black market.
They are in much more financial health than many of the higher profile pot companies.

FD1578 wrote: All you did was reinforce what all of us already know. What news does 48north have to help correct this downward spiral before this time next year. Nothing as far as im concerned. They have been financially responsible this whole time and that hasn't helped them thus far. This harvest was going to be the last bit of good news to salvage 2019 and well we all know how that turned out.