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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 Surfer13on Jan 03, 2019 10:22am
144 Views
Post# 29181134

Do people believe it will get bought out below $1.5 -$2?

Do people believe it will get bought out below $1.5 -$2?Just curious that would be around 1.3-1.5 billion on its own, if they got a deal with a big company that a make it somewhere around 2.5-3billion. Just curious on peoples opinions? I know Jay said they were open to being bought out, and not sure the price they were set to be bought with cmed, but it definetely raised there value. I think this company has a lot to offer in the next 2-3 years with deal with medipharm labs. There growing capacity, there branding, there deal with ISH, Neal Brothers edibles line-up. I think they have what it takes to be a dominant top 5-10 company in North america when usa opens up, but they need a lot bigger pockets to get them to that level.
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