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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 321Blastoffon May 22, 2018 3:04pm
135 Views
Post# 28064992

This is old but good.

This is old but good.Here is a video of Jay Wilgar talking about Newstrike on BNN back in January. He states at 1:45 in the video that they have produced 10 million dollars in inventory at the Brantford facility currently. (This is in January but before the CMED debacle.) He speaks of 38 full time staff working at the facility. Presumably by now they have created even further inventory. Why then do their financials show absolutely no revenue ? Are they unable to sell what they have ? Or if they are sitting on inventory it might be time to sell and generate more funds to build out and also to garner investor trust.


https://www.bnnbloomberg.ca/commodities/video/newstrike-resources-ceo-on-consolidation-in-pot-space~1301333
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