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. > 48North Priming Itself For Buyout – Canopy??

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Comment by ModerateRepon Nov 29, 2019 11:23am

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Post# 30405671

RE:RE:RE:RE:48North Priming Itself For Buyout – Canopy??

I sure do. The days of crazy goodwill are over. .60 is over book value. It’s fairly realistic. You have to factor in North is no longer a disrupter. They would have been with a full 40k kilo plus harvest. They are another cannabis company with a lot of work to do to bring revenues into play. If they mess up any of the 12k kilos they harvested to mold or other issues they are in rough shape. We will see but yes that is my guess. Especially if it were to happen before they showed any real revenue. They are currently worth their assets. No one knows how they will do revenue wise at this point.

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