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.

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48North Cannabis Corp. > Betting Bruiser comments on 48North Cannabis Corporation

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Comment by catfacesupremeon Feb 21, 2020 2:49pm

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Post# 30718935

RE:RE:Betting Bruiser comments on 48North Cannabis Corporation

Perhaps they're realitsic in their future pricing assumptions....HEXO sells their weed to the Quebec government for $2/gram (and this deal was cut a while ago, prior to over-supply)

ezemoney wrote: All the remaining $NRTH $NRTH.v investors need to ask yourself. Why is a company who just produced a boatload of Outdoor Cannabis ... buying other LP’s outdoor cannabis.

It's probably low grade, can't sell it to anyone when people want high grade. It's probably a write off and only good for mulch is my guess.
The grow industry for the most part is just not viable any longer.

Once many of the companies pack it in and the supply/demand gets in order, prices rise, then relook at the industry a year from now.