48North Cannabis Corp. NCNNF

RE:Due for an update ...what kind of update

[flamingogold]

New ID today... bye.

Engano wrote: Hello all, when Covid-19 struck , I had a lot of time on my hands. I started to analyzed 48 North over the last 2 years of history. I looked at the marketing and production and saw they had limited number of sku and were out of stock very often. I looked at the financials that changed drastically and concluded the company is burning cash at an alarming rate. I would not mind if they were spending money in R&D and marketing; nop all in G&A 48 North is managed by a small group of people all interrelated . So why are they not performing cuts? Looked at the gross margin and it is going down because they are buying Cannabis from other lps Looked at the inventory levels and concluded last years harvest was worth nothing. Looked at all the announcements that did not materialized and concluded that 48 North was a hoax. Current management continued the same trail making announcements that were illusive. Final nail in the coffin .Why do they have a permit for drying Cannabis of only 12 000kg, when they claimed all along they would produce 40 000kg. The answer is simple they never intended to produce 40 000kg. I was telling the truth, you accused me of being a short. You insulted me. You complained about me and every time my user ID was banned , my post erased. Not only this stock is manipulated .Many cannabis stock are manipulated.. One of the latest indicators of the economy is the Dow jones and the Covid 19 cases in the USA.. Look what happens when the DOW hits 27000 points Look at June 12, look at yesterday . The covid cases were climbing at alarming rate in Florida , Texas and California for the past 2 weeks.. We all knew that California would be re closing 6th economy of the world ! Despite all of this stock kept on going up Except again for 48 north.stable , no volume. Too Funny.. to read the optimistic post of Jopat whathever and see that Cook59 is not having doubts. W A K E U P ! 48 North is in the same category of Bre-x Minerals Ltd, and Valeant !