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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 EagerBeaver1972on Mar 18, 2019 1:35pm
56 Views
Post# 29501440

Lost value

Lost valueI think this deal is great and gets us going up again, but I still am made at low conversion. Hip (or someone) kept this stock low since Dec. Every other stock (heck whole market) came up since late December. But not HIP. Our eggs were all in Q4 and expansion basket. Saw no value there yet, and now suddenly we are tied to Hexo. Great news from HIP will influence Hexo, but we are tied to them like it or not. We completely miss the gain/potential gain of Jan/February as anymore great news will be diluted by Hexo. We may go up 20-40%, but no double or triple which may have happened had expansion been finalized under HIP management. And that will be months/weeks away.
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