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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 ILIKETAon Nov 24, 2019 2:24pm
150 Views
Post# 30387318

RE:looking for a nice run-up to Tuesday's Financials..

RE:looking for a nice run-up to Tuesday's Financials..
 
Most MJ stocks were actually up last week. 
CGC up 20%
APHA up 10%
CRON up 12.5%
TLRY up 7%
OGI up 15%
HEXO up 21%
VFF up 3%
ACB down 1%
WMD up 11%
NRTH down 2%

Many here speak like you:
"Nrth separates themselves by being a company run on integrity, and wise management."

IMO NRTH management breeds uncertainty and runs on a serious lack of transparency, which is not wise unless your motive is to let the share price get decimated.
 
NRTH Shorts didn't cover.
NRTH never even came close to its 50 day MA, while most of the other MJ stocks above hit theirs.
Unless management changes their tune I don't have the warm and fuzzies. 
I really think I need to get back to trading this stock and not investing in it.

We'll see tomorrow night. I sure hope I'm wrong, but the share price is clearly saying I'm not.
 

shoosh22 wrote: IMO Nrth is the best bet in the cannabis space.  All the big companies, and still bleeding even though we saw that nice run last week, then all the green made taken right back out.  Nrth separates themselves by being a company run on integrity, and wise management.  They are extremely well positioned with their under .10 cost per gram, the margin for profitability is huge ...  

GLTA 


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