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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 ILIKETAon Nov 28, 2019 12:04pm
81 Views
Post# 30402335

RE:RE:RE:RE:RE:RE:RE:RE:Been following this for awhile.

RE:RE:RE:RE:RE:RE:RE:RE:Been following this for awhile.Can someone PLEASE send an email to 48NORTH with these questions?
cwhitworth@48nrth.com, connor@48nrth.com, david@48nrth.com, hello@48nrth.com

They REALLY don't like me because I've been one of their worst critics.
Totally ironic that I'm one of the few people saying I believe the share price is cheap right now even when I don't like their management team.


greenalyst wrote: Last questions of the day from me:

1. How long does it take to analyze a sample. They apparently have 12k kgs dried right? Is it a chromatograph or an electron microscope or a gel blot? Most labs could do such things in 1-2 days no?

2. Don't u think their first question after how much would have been what's content and quality?

3. Are u therefore not concerned that after an 'apparent licensing loss' of 75% of the crop  that not only did they not tell us anything about content/quality, to the contrary they made a specific point of saying they DIDN'T know? Why? Laziness? Incompetence? ... or are they waiting for repeated tests because the answer the first time around was concerning? I realize the answer is WE SIMPLY DO NOT KNOW but...

4. In lieu of the the drying debaucle and deception don't u think they would recognize the importance of providing shareholders with this info in as timely a manner as possible and if not possible explain why and when we will know? So maybe it's as simple as it's not ready for analysis. TELL US THAT! When you have a baby the first question is boy or girl? The second is healthy? Management has said we don't know and we don't know.

This ultimately speaks to the loss of credibility. We can't trust or assume anything. Before we tolerated the stupid instagrams and the silly sackville angle because we trusted. Now that is gone. Financials are all they have until further clarification and that is important in this industry but cash burns fast in a failing business model. The loss of their head start was a big trip out of the blocks and they are a silly small company; you don't see any real media outlet or analyst covering what happened with the harvest (like canntrust).

So, they are still failing to meet what I expect as a shareholder; required or not. I am left wondering if I am getting left in the dust on a failed venture. Only time will tell. And I am helpless to do anything else.

GLTA



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