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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Speculatormikeon Jan 01, 2021 4:01pm
140 Views
Post# 32207812

RE:RE:2020 income 80% more then 2021 positive

RE:RE:2020 income 80% more then 2021 positiveRevenue growth this year has been amazing from 1.6M in Q1 2020 to 7.7M in Q1 2021. If one takes the average Q over Q revenue growth for those 4 quarters you get about 50% per quarter. If you only look at the last 3 quarters the Q over Q revenue has risen 62.5% per quarter. Obviously this momentum must slow one day but if you go with the 50% for the next 3 quarters you get 62.6M in 2021 and then 316.7M in 2022. Lower that to 40% you still get 55M in 2021 and 210M in 2022. Let me reduce growth one more time. If we go with 30% Q over Q revenue growth we still hit 47.6M in 2021 and 136M in 2022. I think 50M in a relatively conservative estimate for 2021 unless a ceiling is going to be hit soon. On the flip side and if they could maintain the growth rate average from the last 3 quarters we would see 73.6M in 2021 and 513M in 2022. Just a few numbers to think on as we enter 2021. Happy New Year!!! PS I added on the 31st and feeling good about that on the 1st.
<< Previous
Bullboard Posts
Next >>