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. > Short closed their position by April 15

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Comment by Blizzy420on Apr 21, 2020 10:23am

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Post# 30933710

RE:Short closed their position by April 15

That is a good sign. It comes at the price of there being very little downside left. The stock is sitting at what is likely their cash on hand level at this point.

I was digging through some stuff on the weekend and I noticed that NRTH does have distribution agreements for oils in 7 of the 10 provinces. Hopefully they can get the Avtas, Appothecanna and other products into those markets asap! They need more revenue streams to open up.

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