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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

Post by MNK3240on Jan 16, 2018 10:31am
377 Views
Post# 27367288

HIP, Aurora and Cannimed: How is this all going to end?

HIP, Aurora and Cannimed: How is this all going to end?

There will be some important votes happening this month.  Newstrike will vote on the 17th to determine whether it should go forward with the deal proposed by CanniMed, while shareholders of CanniMed will vote on the 23rd.

One way or another, the picture will start to get clearer before the month is over. The key vote could come from CanniMed shareholders, as a no? vote to the Newstrike deal might suggest a preference for the Aurora deal, while a yes? vote could finally put an end to it. However, if both Newstrike and Aurora shareholders are not in favour of the deals, then the CanniMed vote will not be necessary.

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