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.

OTCPK:NCNNF - Post by User

48North Cannabis Corp. > canopy could buy 48nrth for a derisory S P

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Comment by greenalyston Nov 29, 2019 12:33pm

87 Views

Post# 30406011

RE:canopy could buy 48nrth for a derisory S P

Ummm isn't 1.25 a price of 225MM?

So when there was a picture of Cam Battley on the farm ACB was gonna buy NRTH and now that there is no clear upside for 2019 we are back to Canopy? It's all hopeful speculation. Last I saw Canopy had a worsening cash flow problem.

IF they buy NRTH I would think they would only do so at bargain basement prices taking advantage of their vulnerability at this stage.

I don't see it happeneing but very clearly I don't know what I'm talking about when it comes to this sector.

HappyFlowers25 wrote: between $ 1.25 and $ 1.50 and obtain $ 100M in assets of 48Nrth and good income from the sale of 12,000kg of canabis. The net purchase price for Canopy will be minimal

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