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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 goldman777on May 24, 2018 6:33pm
388 Views
Post# 28078139

SHORT MEMORIES

SHORT MEMORIESHIP has a binding agreement with CMED ( now ACB ) to sell 1500 KG per month over 15 months starting January 2018...the income stream has already started. 1500 KG = approx. 3300 LBS = correct me if I`m wrong - $10 million per month give or take. HIP also is expanding it`s sales base ahead of the recreational launch and is flush with cash presently. HIP can go on to be an absolute monster in the space. I assume the vast majority of todays selling can be attributed to stop loss orders being filled this am. Volume dried up considerably later in the day when people realized what was going on. Is anyone able to post a quick recap of Q1 revenues, 10 million bucks a month isn`t chump change and that`s just the binding CMED purchase agreement. I think people need to dig a little deeper here. GLTA
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