Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 flamingogoldon Nov 28, 2019 9:49am
69 Views
Post# 30401548

RE:Release

RE:ReleaseI bought AIM two years ago after AC threatened to drop them and Aeroplan and start up their own loyalty rewards program. As an Aeroplan member for 20 years and knowing Calin Rovescue is a shark, I knew it was just a bluff. Bought AIM around $1.90 average.

Things started to turn around when activist investor Mittleman Bros. became 10%+ owners in AIM and earned a seat on the Board and began applying pressure against AC and the bully Rovensue. Good win for me as I got out around $4.

I doubt Mr. Calland would be the activist investor we could use to shake things up at 48, but it certaintly wouldn't hurt to have an individual who is heavily invested in the company with their own doe (unlike management) looking to get that investment up, namely through share price appreciation. Good for him, good for us.

cordillon wrote:
If you own 10% or more of this company you can command the attention of the Board and your frustrations will be dealt with. Otherwise you are just ventilating. And if you still own shares, ventilating on this bullboard will not increase their value. I suggest you go to the annual meeting in December and vent your concerns directly, and vote accordingly. In the interim hope for high quality results for the 12M kg, and concentrate on the important decision facing you: faith in the future or sell and cut my losses and move on.


<< Previous
Bullboard Posts
Next >>