Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 flamingogoldon Nov 29, 2019 9:59am
47 Views
Post# 30405224

RE:RE:RE:RE:48North - Currently trading at ~66% of it's Total Assets

RE:RE:RE:RE:48North - Currently trading at ~66% of it's Total AssetsIf I had to guess, you do not hold any shares here. I believe you are creating the illusion that you are in this game much like the longs to avoid the basher label and risk being put on ignore. This way you get to spill your paragraphs of negativity over and over again like a typical basher.

If you really believe what you say you would unload all your shares and move on.

ModerateRep wrote: Holding some, liquidated most. I say approach with caution. More RSU’s? Dishonesty, silly stash boxes, lots of processing and manufacturing to do. If revenue doesn’t materialize from unique brands they create they will slowly burn cash and fade away in a crowded sector.

 I also could easily see them being acquired and getting the pay day they all wanted. I don’t trust their intentions anymore. Until they can prove otherwise.

  Definitely voting no on the RSU’s!

  If an acquisition goes through at say .60 a share, guess who wins big. Pierre.
they have to big players in the mix that can put the share price wherever it needs to be for an acquisition.

  I understand the fundamentals and on paper and all that. But until this sector turns around most investors aren’t touching it. Which means stagnant at best and a lower sp likely. 

  I still have skin in the game but I’m approaching them with extreme caution. 


<< Previous
Bullboard Posts
Next >>