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. > Overnight offering

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Post by Ric001on Mar 11, 2021 6:26pm

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Post# 32781895

Overnight offering

This is not a dilution not bad .

Overnight Deal

An offering of previously issued stock that is not usually traded. For example, a publicly-traded company may make an overnight deal to sell some of its stock that it previously issued but still owns (because many publicly-traded companies own a portion of their own stock). Overnight deals are often less expensive than new issuesbecause there are no underwriting costs. There is also less downward pressure on the share price because the number of shares outstanding does not increase.

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