Newstrike Brands Ltd NWKRF

Future looks Bright!!

[SKL6600]

So ACB recorded $20 million from Rec sales which they said is 20% of the market share. So let’s say the full market share is $100 million and Canopy has another 20% and APH has another 10%. That leaves us $50 to fight over for the remaining LP’s. Even if we get $8 million revenue that is 16% of the market share of the last $50 million.  Remember Ontario has a crappy system till Brick and Mortar is set up, Quebec isn’t even selling yet is it?, and BC is pretty much running illegal shops only so far. I see lots of promise here for HIP. If we have $10 million in revenue that would put us at 20% of the remaining market share which would be massive. Edibles still need to come online which will open a whole new market to people like me who don’t like to smoke but will try infused beer and edibles. Will be interesting to see what Canopy posts for revenue. GLTA