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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

Comment by Dumpinvestoron Nov 19, 2019 11:03pm
124 Views
Post# 30372356

RE:RE:RE:It is time to take my loss...

RE:RE:RE:It is time to take my loss...few months ago...i always though "cant get any worse"...but when i looked at quite a few companies  in oil sector...i saw a lot good companies (making profit), but marketmaker (fund manager, not their money) drove the oil stock to the ground ( some lost 90% from their peak). same thing with gold sector in the past...so i though this could be happen to pot sector. this was a reason i pulled out money from the pot sector and reinvest in safer companies 

now what i say about can be worse .

- pot  sector has so many pot producers and not much demand.. 9 inches small pie for 100 people
- the people got burn from pot sector. they will not come back to get stress or get burn again
- no new investors. they get scare...sopot sector is play ground for short sellers.you may see the shares price up and down little bit...then short seller wait for right time, they will hammer the pot sector again..

for nrth
- i dont trust them...outside crop yield...could be promise too much and under delivery. this remind me of wayl, wrld ( icc lab), isol, crop
- they dont have good products for sale...other than expense organic pot...who care about organic.
- they paid themself too much. more than aphria ex ceo.
- they have cash...but it may be slowly disappear.

just my 2 cents opinion...dont attach me

seem like you are nice guy...i am not qualify to tell you buy or sell..only thing i would say good luck to you



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