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48North Cannabis Corp. NCNNF



GREY:NCNNF - Post by User

Comment by BaronVonSketchon Mar 29, 2021 4:57pm
164 Views
Post# 32900377

RE:Charles Vennat have to help investors

RE:Charles Vennat have to help investorsYour Man CHarles is what got you here. When everyone says "don't grow more theres to much cannabis" he says "no no grow lots more and spend all our monies to support it". WRONG. 

Here is quote last year yahoo finance. Complete not understand the tea leafs. 
https://ca.finance.yahoo.com/news/four-cents-per-gram-outdoor-pot-is-piling-up-in-a-constipated-market-164337560.html

Vennat, 48North’s CEO, argues the glut concern is an oversimplification.

“Oversupply is relative. An oversupply of what? People paint cannabis with a wide brush. The reality is, much like grapes for wine, there are many different grades. What we are really trying to do is get the best quality off the field,” he told Yahoo Finance Canada. “What really matters ultimately is, are you selling it profitably when you turn it into a retail product?

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