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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 goldman777on Apr 29, 2019 1:56pm
113 Views
Post# 29684390

LOOKING GOOD !

LOOKING GOOD !Hard not to get a little excited on both sets of warrants here. Real strong volume - just taking a little breather after a strong open to the week. If HEXO / HIP holds the current gains over the course of this week then the flow of interest into the warrants will be even greater than what we are now seeing. It is safe to assume that both companies have not been sitting on their hands since the announcement of the merger - so much potential to be Canada`s bonafide #3 with a strong leap out of the gate with edibles and beverages. International expansion may be next - great up side potential on the warrants. The original warrants may be the play of the year but remain speculative and are not for the faint of heart. The A class warrants are money in the bank IMHO. Hard to say how much of today`s buying can be placed on retail, maybe more than one would think. A lot of money has been made in this sector and with HEXO looking like such a sure thing here you can bet a lot of retail money is moving down stream. My bet is something big is brewing @ HEXO - pun totally intendede. Next NR should send HEXO to higher highs - blue sky territory - you can bet Canopy is looking over it`s shoulders at this up and coming competitive threat. Try not to chase here as we may see a bit of a pull back on profit taking - but I`m thinking it will be short lived. One might find himself chasing to get back in with a smaller position - PATIENCE will pay in spades - you ain`t seen nothing yet.
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