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NCNNF News and Press, 48North Cannabis Corp.

Stock Information

Company Name: 48North Cannabis Corp.
Stock Symbol: NCNNF
Market: OTC
Website: 48nrth.com

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NCNNF - HEXO: Cheap, But Integration Risk Is Concerning

HEXO announced a surprisingly large equity offering causing the stock to collapse. The company sold at least 47.5 million units at just $2.95 per share while the stock traded above $7 as recently as June. The stock is cheap here, but shareholders face massive integration risk. ...

NCNNF - HEXO: Surprise Canadian Cannabis Leader

HEXO is set to buy private Redecan and jump into the top recreational cannabis position in Canada. The company will only have a market cap in the $2 billion range despite this leading position. The stock trades at an exceptionally cheap 4x EV/S for FY22 (July) in comparison to far...

NCNNF - What Investors Need to Know About HEXO's Takeover of 48North

The marijuana industry continues to consolidate in 2021. One of the more under-the-radar acquisitions of late was Canadian company HEXO 's (NYSE: HEXO) agreement to buy its compatriot and peer 48North Cannabis (OTC: NCNNF) , announced in mid-May. In this Motley Fool Li...

NCNNF - 48North Cannabis Corp. (NCNNF) CEO Charles Vennat on Q3 2021 Results - Earnings Call Transcript

48North Cannabis Corp. (NCNNF) Q3 2021 Results Conference Call May 31, 2021 8:30 AM ET Company Participants Charles Vennat - Chief Executive Officer Donnacha Rahill - Interim Chief Financial Officer Presentation Operator Welcome to 48North Cannabis Corp. Q3 2021 Financial Results Conference C...

NCNNF - 48North Cannabis reports FQ3 results

48North Cannabis (NCNNF): FQ3 GAAP EPS of -C$0.07.Revenue of C$5.2M (+94.0% Y/Y)Adjusted EBITDA loss was C$7.7 million compared to a loss of C$6 million in last year's quarter.Press Release For further details see: 48North Cannabis reports FQ3 results

NCNNF - HEXO Acquiring 48North Cannabis in CA$50 Million Deal

Canada's HEXO (NYSE: HEXO) is again going the acquisition route to bulk up its business. The company has signed an agreement to purchase fellow Ontario-based peer 48North Cannabis (OTC: NCNNF) in an all-stock deal valued at around 50 million Canadian dollars ($41 million) in...

NCNNF - HEXO to acquire 48North Cannabis in an all-stock deal valued at $50 million

HEXO Corp. (HEXO) has entered into an agreement to acquire its Candian rival 48North Cannabis (NCNNF) in an all-share transaction valued at $50M on an enterprise value basis, the companies announced today.Per the terms of the agreement, 48North shareholders are set to receive 0.02366 of ...

NCNNF - HEXO Corp to acquire 48North Cannabis Corp.

Ottawa, Ontario and Toronto, Ontario--(Newsfile Corp. - May 17, 2021) - HEXO Corp. ("HEXO") (TSX: HEXO) (NYSE: HEXO) and 48North Cannabis Corp ("48North") (TSXV: NRTH) are pleased to announce that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") under whi...

NCNNF - 48North Cannabis Corp. Announces Pricing of Overnight Marketed Public Offering of Units

48North Cannabis Corp. Announces Pricing of Overnight Marketed Public Offering of Units Canada NewsWire /NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES./ TORONTO , March 12, 2021 /CNW/ - 48North Cannabis Corp. ("4...

NCNNF - 48North Cannabis Corp. (NCNNF) CEO Charles Vennat on Q2 2021 Results - Earnings Call Transcript

48North Cannabis Corp. (NCNNF) Q2 2021 Earnings Conference Call March 2, 2021 08:30 ET Company Participants Connor Whitworth - Vice President, Corporate Affairs and Strategic Communications Charles Vennat - Chief Executive Officer Donnacha Rahill - Interim Chief Financial Officer Presentation...

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