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Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."


OTCPK:NWKRF - Post by User

Comment by Sevam123on Jan 12, 2018 2:51pm
41 Views
Post# 27344526

RE:RE:RE:RE:Opinion and HIP CMED Synopsis

RE:RE:RE:RE:Opinion and HIP CMED SynopsisI completely believe that the Nov. 16th terms would apply.  No extraordinary material change has happened with either company since they made their agreement. The benefits to each still remain intact.  All that has happened is that a lot of investors got very excited.  I think the same excitement and more will happen for the combined companies.  Don't forget also that as soon as HIP is part of CMED your shares are now on the TSX rather than the Venture exchange.  There is an immediate value to that because it brings a ton of new institutional investors who shy away from smaller exchanges into play. Getting to the TSX as quickly as possible is important with July 1 coming fast. The value of Newstrike/UPCannabis within this framework is greater in combination with CMED for this reason also so the synergies go beyond production marketing and scale.  ACB does not want this merger to happen because if would vault the combined company right into status with the multibillion $ big boys like Canopy etc.


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