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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 sim_1on Nov 28, 2019 2:19pm
122 Views
Post# 30403044

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

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

Running a company means having to deal with all kinds of problems all the time - when do you make the call to disclose a situation in particular is not that obvious - and not the first thing on your mind! You're running the company; you want to resolve those problems, that's your focus. Maybe you have identified a solution and expect timely resolution etc. etc. It's always easy to blame Management after the fact... But we don't know sh1t, looking at it from the ridiculously small window of this echo chamber of a blog. Do you think companies disclose all the challenges they are facing on a daily basis? Come on. 

I believe they acted in good faith because that's normally what people do when problems show up. We're the nut cases here imagining all kinds of crazy theories with the small bits of data that we have and the frustration of having lost money.

Expecting Management to have learn a ton through this; expecting NRTH to survive this; Yes they lost my trust for the time being - but it may come back, I'm just being more careful now with them, after loosing enough money to by a Porsche.

That being said the one thing I wouldn't accept is them saying on the record that they were not aware in October of the licensing issues.

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