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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

Post by HappyFlowers25on Nov 28, 2019 9:16am
132 Views
Post# 30401395

Let’s keep it simple, Tom THE TrADER had estimated ...

Let’s keep it simple, Tom THE TrADER had estimated ...for 48Nrth a future (12 months) SP of 3.00$ with a total harvest of cannabis of 45,000 kg (40,000kg from outdoor and 5,000kg from indoor). Based on a revised result of 12,000 kg [outdoor] and 5,00kg [indoor] we obtain a new total of 17,000kg or 38% of what Tom had forecasted. 38% of 3.00$ is equivalent of 1.15$ future SP. Therefore, at this time, we can easily say that the current SP of 48Nrth should be at least at 0.75$ to .85$ and its super undervalued at 0.36$and I think that next two quarters would reflect a better SP.
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