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.

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48North Cannabis Corp. > I have no trust in theses women...

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Comment by flamingogoldon Nov 27, 2019 11:20am

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RE:RE:I have no trust in theses women...

Well we don't know for sure where the price would have gone had they warned early. I own BBD too and they warned early last year and got creamed and management is still criticized for the miss. It was a lose-lose scenario.

I am not supporting how they did it but the proper thing was to fire the person who f'd up. All fingers point to Jeanette. She was in charge of the farm and the lead on licensing. They did the right thing letting her go but they did it gracefully. Look where she is now, running some 3 penny stock mired in scandal.

ILIKETA wrote: First of all, there's only one women at the helm now, and secondly it sure won't see $.10 when they have assets of $91M excluding their liabilities. This alone is higher then their whole market cap.

This stock price is only here because of this management teams treatment of retail shareholders.
Even with the epic stupid mistake they made with the drying license, we would not be at this price if they were upfront about it. Very short sited and unprofessional of them.