OTCPK:NWKRF - Post by User
Comment by
Underwhelmedon Aug 22, 2018 7:57am
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Post# 28497542
RE:WHY THE BIG INCREASE?
RE:WHY THE BIG INCREASE?The low price of the stock made it appealing to first time investors who read the news about which companies have approval to sell to the OCS. Also, buyout speculation. If you are one of the few bigger companies that did not get a deal to sell to Ontario (ie TGOD or EMH) you are thinking about buying the company just to have the avenue to sell.
People are forgetting that the biggest market, Ontario, is allowing private retail BUT the OCS is acting as the wholesaler and all private retailers must buy product from the OCS to sell. Thus, to get into the Ontario market you must make a deal with government,