48North Cannabis Corp. V.NRTH

RE:RE:RE:RE:RE:RE:RE:North Communicates on Everything and Timely

[ILIKETA]

I would be stunned if 48North is concerned about survival, unless you are speaking of surviving a hostile takeover. This is the ONLY reason I would say they can justify showing so few cards in their hand.
If this is not the case (which I don't believe it is because of the horrible state of others in this sector), I believe, with the HUGE potential they have, they are making a shortsighted mistake.

flamingogold wrote: Well you may have answered your own question. Perhaps they're focus is not on increasing the market cap but more of survival. This is a crowded space of start-ups. The majority will fail or acquired. Maybe there is a competitive advantage right now to not reveal all their cards until it is absolutely necessary.

ILIKETA wrote: Respectfully, I totally disagree with the "status quo" mentality that runs rampant on these boards. Companies choose to not share pertinent information in a timely manner on this exchange because enough retail investors aren’t asking for it.

Seriously, if this was last June, and I started asking for bi-weekly videos showing the progress of the Good Farm, I would have been told that this is a ridiculous request by you (in a nice way) and by individuals like ModernRep (in an attacking way).

This company had the foresight and intelligence to do these awesome videos without individuals like myself asking for it. These videos take FAR more company time and money then updating a webpage with information that diligent retail investors need, to see this company’s current and future value.

I totally believe 48North would quickly see the market cap they actually deserve if they would be more forthcoming with this type of pertinent information.

flamingogold wrote: This is a still a a penny stock by all accounts. I wouldn't expect more info from any other organization trading on the TSX venture exchange which is similar to equities listed on the US OTC market. These stocks are categoriezed as high risk. That's what we are invested here... a high risk captial venture. Less communication is to be expected which also means minus an investor relations department.

My first taste of investing began many years ago in OTC equities in the US and let me say it is the far west world of investing. Perhaps my bad luck but every one ended up in the gutter. Lots of shills live in this arena. I have learned that it is not so much a matter of how much info they send out to investors but whether they can physically document their progress. Otherwise, it's all an empty promise.

However, 48 is off the charts in this regard as they have done an above average job of keeping investors informed on general progress. All summer we received informative sensational videos about the grow and I would not be surprised if another video lands shortly on harvesting at the Good:House. In addition Alison herself, like a true CEO should, is regularly out there employing various channels of media to broadcast the corporate actions.

We must also remember that the company just went through a major executive change. 48 has done a decent job of keeping things cool but without a doubt this has upset the progress as Jeanette was a key figure in the growth of the company. Perhaps this has been a big factor in the share price decline. But, 48 is here to stay, let's give them a bit more time to get over the management shuffle and the monumental harvest.

ILIKETA wrote:

ModerateRep wrote: Do you need to know if they are going to harvest the good farm this year, or if they plan on selling any of it? The answer is yes to those questions too. Need to know if they successfully grew outdoor weed in Canada, yes. Are they focused on the women’s niche of the cannabis world, yes. Are they drying and curing the harvest from good farm yes. Have they stated when they will have their next call, yes. Here’s an idea, call into the next call and ask any questions you want. 

For one thing, only members of an investment firm are allowed to ask questions. I tried on the last conference call but was denied. More bs from you as usual.

James from Midas asked about the yield and Alison told him "I'm not going to give out a forward looking statement". Check it out yourself. Go to 15:45 in this video https://www.youtube.com/watch?v=DqoYrjkDEgw&t=1574s

So you're wrong again. They won't answer questions that matter. How the hell can a company attract educated investors when they refuse to give out forward looking statements? I'm not asking you because you couldn't possibly understand.