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.

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Post by kiet2005on Oct 11, 2019 9:47am

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Post# 30221438

Anybody has remarked ?

In the recent last deal with Sackville & Co,

" The total consideration payable on closing of the Acquisition by 48North was approximately USD$789,735 consisting of the following: (i) USD$150,000 paid in cash; and (ii) USD$639,375 paid in common shares of 48North (“Common Shares”) at a price of $0.80 per Common Share. In addition, 48North will pay a conditional earn-out in Common Shares based on the operating performance of Sackville for a 12-month period following closing in an amount up to an aggregate of USD$2,868,125 "

USD$ 640K paid in common share at USD$ 0.80/s.Now she sit at USD$0.38(OTC), go figure what is the bug ?

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