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

Bullboard - Stock Discussion Forum North Bud Farms Inc NOBDF

North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000... see more

GREY:NOBDF - Post Discussion

North Bud Farms Inc > Posted 2 hours ago on their FB page, response to a question
View:
Post by mrnormal on May 05, 2020 6:00pm

Posted 2 hours ago on their FB page, response to a question

Author
Hello Jennifer,
We share your frustrations at this challenging market due to Covid-19.
We closed our two USA transactions seven days prior to our fiscal year-end. We normally would have 6 months to prepare the financial statements. We have had three months to work on the financial statements. California as you well know became one of the first epi-centers of Covid-19 very early in March and we advised the regulator that our financials would not be done in time.
In this case there were two options NORTHBUD could have taken:
1. Halt the stock and not let anyone be able to trade their shares until the statements could be completed; or
2. Apply for an MCTO.
We decided to go with the MCTO.
About a week after the MCTO, the regulator offered blanket extensions due to Covid-19. Had we not been proactive, it would be a mute point as everyone is in the same boat.
We will continue to work hard to close the year-end financials on or before the end of May.
Thank you so much for your understanding.
Comment by Retail3investor on May 05, 2020 6:18pm
This post has been removed in accordance with Community Policy
Comment by NorthBuddy on May 05, 2020 7:50pm
Ryan Brown is on top of the issues at hand. Comparatively speaking Not much here. Sad.
Comment by Browntow on May 06, 2020 7:21am
This post has been removed in accordance with Community Policy
Comment by NorthBuddy on May 06, 2020 7:52am
LOL! - "Share Price" seems to be the extent of your DD. I know the game Brownie. When your insecurity (pun intended ;) about having paid the least possible for your highly sought after NBUD shares leaves that's when you do. Until you flip a tick or two and return. Good catch though, this is exactly where 20 bangers begin - a little bump in the road BUT both hands on the wheel, lol: ...more  
Comment by Browntow on May 06, 2020 7:58am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities