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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > Care to explain this?
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Comment by Sevam123on Jan 14, 2018 9:02am
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Post# 27352633

RE:RE:RE:Care to explain this?

RE:RE:RE:Care to explain this?Yes it is an attempt to thwart the CMED/HIP deal by Aurora who is trying to buy Cannimed by way of a hostile takeover bid.  They see enormous value in Cannimed for them because it has production capacity and experience in oils that Aurora needs.  They are hoping that the CMED HIP merger is unsuccessful so they can scoop Cannimed up on the cheap ( Extrremely cheap if they can get it for the proposed $24 ) by way of their hostile bid. .  There are a lot of moving parts in these deals right now,  This week will be amazing to watch. 

Newstrike shareholders who owned stock as of Nov. 28th, 2017 have to complete their proxy's by 10 am Wednesday.  Cannimed shareholders must vote by 10am on Friday.  
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