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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 Sevam123on Nov 09, 2018 9:29am
53 Views
Post# 28949345

RE:RE:Events aren't cheap...But the brand will grow steadily

RE:RE:Events aren't cheap...But the brand will grow steadilyYes.  In the near term there is very little choice but to do your own growing because the supply simply isn't there yet but there will be companies whose sole business is growing cannabis for branded enterprises.  As this market evolves UP will earn its margin by way of their brands so their main objective is to be great prioduct developers, distributors and marketers.  It would be wiser for them to develope proprietary strains and innovate other products and have others grow and manufacture for them.  This is the whole "white label/private label" approach with manufacturers supplying branded companies that will be what the industry looks like in the long run.  In other words it will be like every other consumer products industry eventually.  Like Gretzky, Up is skating to where the puck is going to be next rather than where it is right now,

Ifallo wrote: So UP will eventually not have to worry about how much weed they can grow or how big of a green house they have, of worry about crop yields, they will just buy it from suppliers as much as they need very smart. Lower operating costs.


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