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.

OTCPK:NCNNF - Post by User

48North Cannabis Corp. > This stock is holding pretty well today

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Comment by ILIKETAon Mar 12, 2020 4:52pm

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Post# 30801278

RE:This stock is holding pretty well today

Hobbs999 wrote: considering the marijuana index is down 16%+

To close even on one of the most brutal days in recent history is fantastic.

Likely because 48Norths current cash position is almost equal to its total market cap.
If they right last years total screw ups, and Rob Ford allows some mother f-ing stores to open up in Ontario, I may actually have a real chance of making money with this investment.
The current price to book ratio of .43 is a reflection of the total lack of faith from investors, but I sleep ok at the moment. I think they're going to make things right.again.

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