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. > Management

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Comment by greenalyston Apr 02, 2019 12:33pm

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Post# 29570633

RE:Management

Would be very poor farm to take money for no reason and inconsistent with how they have done business. Agree "will use the proceeds.. to execute on its business plan, namely developing its proposed 100-acre outdoor cultivation site in Brant County, and the distribution of next-generation cannabis products to consumers for retail sale in Canada come October 2019" is quite vague.

Justhefaxmam wrote:
Up to management now! There is the cash. It was deemed necessary to dilute to access the funds. Need a major announcement to justify and not just an additional 100 acre land purchase for 3 million, something much more dramatic. If this cash is sitting there after outdoor harvest, this was a mistake.

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Cross border trading in Canada and Australia