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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

Post by Rusty2018on May 23, 2020 1:31pm
223 Views
Post# 31064901

Opinions Sought Here

Opinions Sought HereI am curious as to current investors opinions on the divestiture of Quill and Sackville.
Non core businesses, I agree.
Just wonder how this will be perceived.
NR issued after market on a Friday - usually a sign that management is not sure how it will go over.
Sector is on an up-trend so that is positive as well.
Management spin about focus on core business is positive as well.
I have a decent long position and sold a smaller swing position Friday into the strength.
Not sure how the SP will be affected near term....my long position is in RRSP with a 1 -2 year hold.
Any thoughts from other investors would be appreciated.
Cheers
Rusty 
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