Newstrike Brands Ltd NWKRF

Just thought I’d share this.

[Brodey79]

https://m.marketwired.com/press-release/newstrike-subsidiary-up-cannabis-acquires-facility-capable-adding-12000kg-annual-production-tsx-venture-hip-2225954.htm    I was wondering what the Niagra facility cost so I looked it up. Thought I would share for those who didn’t know. Personally I thought that was pretty good price. Considering they are sitting on pretty decent cash it looks to me like expansion is cheaper than we think. To put it in perspective if for 7 million plus an extra few for the espansion we can get 25000 kg lookin like u could get pretty decent expansion with a hundred mil cash. If for arguments sake the stock is worth what it is or even a little lower than what it’s at now. What would it be worth if you could add another 250000 kg with cash on hand? I don’t think there piling up all the cash to run away with it. I was a bit worried with this stock I’ve bought and sold it several times but I’m gonna hold it now and see what the future brings. Adding capacity is cheaper than I thought and I don’t see them goin to the market again for more cash unless the plans are huge. Gonna give them a shot and see what the future of Newstrike brings.