48North Cannabis Corp. NCNNF

RE:RE:RE:Globe Article - Three cannabis CEOs - including 48North's

[ILIKETA]

flamingogold, you stated in a few of your posts things like...
 - "they were in a lose-lose scenario"
 - "why is no one slamming Jeanette?"
 - "Alison is taking all the bullets"

My highlighting of greenanlyst's post explains why they are making the dibacle of keeping things hidden regarding crop loss (the lose-lose scenario) even worse, and why we are focused on Alison and the 48North management team and not Jeanette.

greenalyst wrote:

On the upside, all of the major players in outdoor struggled in season 1. This implies that newbie LPs trying their hand in 2020 will be a year behind on this type of 'learning'.

Of the 3 in the article only NRTH still has no official position on the nature and quality of their product. Until we have that we are still in the dark. If quality is good and confirmed then the short and long term outlook are still potentially great. If there is a change in story in harvest (ie. not 12k kgs but significantly less once they have identified the quality or for any other reason) then I don't think we can count on big improvements in season 2. Each passing day without this info raises suspicion that there is a problem.

Allison still needs to acknowledge, even in her own mind but externally would be great too, that they did a piss poor job of being transparent; no drying license or loss of harvest issue was revealed until it was over and certainly after they knew. May just have been bad judgment but all the goddam videos, pictures and interviews told a different story than reality (the 'look at all our ladies' Instagram post comes to mind but it was the FTMIG video one month ago that was a major 'tickety boo' reassurance from her after the unsettling jvm departure and the gone to seed rumours). I get that they don't have a ticker telling us every detail of the day to day but this was a major issue as many of us as shareholders have agreed. At a time when the sector was retreating and retreating many of us hung in as longs with the false impression from her that the harvest was going to be a resounding success. Turns out for NRTH there was a real issue over and above the sector dynamics and if we knew there was a concern earlier we would
have had the option to cut our losses earlier. 

We can do nothing about Jeanette now. 
But we can call out 48North for there CONTINUED total inept lack of transparency.

Nothing is changing!!!
My post from Oct 31st and I'm still singing the same basic tune.
Hellooooooooooooo!!! Alisoooooooooon!!!

ILIKETA wrote:

 - No meaningful forward guidance,
 - 20 days since last bi-weekly video,
 - No results on the auto-flower harvest that was completed in September,
 - No progress report on the current harvest.
 - No idea how much cash we have left from the $41 million we had at the end of June (I do believe we're doing very well in this regard, but it would be nice to have a bit of an idea).

Disappointing for me, but at this point I'm certainly not selling, even though I do believe there is room for improvement in this regard.

Like I previously said, I loved the latest interview Alison did with FTMIG. Very helpful but when virtually every company in the sector is struggling in a major way, it would be nice to get a bit more than your CEO jumping on a bed ( https://www.instagram.com/stories/cannabisculturist/ ).

I do actually believe "true investors" have a right to know this level of information from a company.
I'm sure there will be others that disagree with me and are happy with the status quo, but I'm not one of them. We deserve a bit more IMO.