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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 stockbull72on May 22, 2018 9:57am
85 Views
Post# 28062797

RE:RE:RE:yes I understand

RE:RE:RE:yes I understandThey were front runners & companies with many more shares available to offer. Hip was 'cast out' of the Cannimed deal which made them look bad. It's all investor mentality. Our chump change which is just what it is to them is not enough to float the boat. Hip will need more money to expand as they near production and most likely seek to increase it. As mentioned.....they need institutional buying. We are in the thick of it now. What kind of money they gonna raise if they offer out the total float right now? Not much. Would you rather it get diluted?
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