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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 Catmando123on Jan 03, 2019 7:52pm
119 Views
Post# 29184131

IR response to my facility inquiry

IR response to my facility inquiryI don't think we said we would be issuing an update by the end of 2018, in the Q3 MD&A in Nov we indicated that we expected the Phase I retrofit to be completed by year end. Along with that work, plants continue to get added and Phase II construction is still underway, so capacity addition is an ongoing process but things slow down during these holiday weeks and pick up again in January. You can expect more updates on our business developments in Jan.

Best,
Dennis

Dennis Fong, CFA
LodeRock Advisors Inc.
dennis.fong@loderockadvisors.com
D: (416) 283-9930 
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