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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Post by ezemoneyon Mar 01, 2021 5:25pm
285 Views
Post# 32691026

Financials Out:Considerable Financial Deterioration

Financials Out:Considerable Financial DeteriorationHuge Cash Burn of $28mm with $4mm left.
Gross Loss up 50% 3 months
6 months $7mm profit to now $11mm loss (ouch)
NAV: Dropped from .35c/sh to .25c/sh

Rating: Avoid, overpriced stock, no turn around yet
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