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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 VeritasVernon Mar 27, 2019 11:12am
234 Views
Post# 29542342

RE:RE:RE:For all the amateurs

RE:RE:RE:For all the amateurs For months we have been hearing that when HIP reported 2018 year end financials the share price would sky rocket, and that a merger would have the same effect. Well here we are - merger is announced and financials are in and the sp is $0.52...Once all the big players complete production expansion such as HUGE, TGOD, Village farms etc etc, sales and profit margins will decline going forward. For anyone that thought this was going to be easy money, you might need to rethink. My personal take.
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