Now comes the hard bit
If it has a rotary valve carb then the check valve on the high speed circuit is probably stuck closed and that ie a fatal flaw as they can not be replaced
If you have a butterfly valve carb then the High speed circuit is out of adjustment
If it goes fluffy , blows a bit of blackish smoke then the H is too rich
If the exhaust sounds sharp the stops abruptly the H is too lean
Some times if you take the carb off but leave the fuel lines on, turn it sideways & blow compressed across the venturi a lightly stuck check valve will start to flow
You should see fuel mist blowing out the carb .