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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. > 12mil cash in hand !! Full steam ahead !!
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Comment by Quanadienon Sep 18, 2018 1:12pm
117 Views
Post# 28640136

RE:RE:RE:12mil cash in hand !! Full steam ahead !!

RE:RE:RE:12mil cash in hand !! Full steam ahead !! I was not kidding and was not expecting revenue... just it really looks bad. I was not expecting a positive EPS, but something between -0.05 and -0.10. If they want to scale their business they will need all the 12M in hand... it looks like they are burning cash fast and I don't think they can achieve scaling production quantity and keep business going with only 12M$ in hand for the year.
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