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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > Could they be a buyout target
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Post by indaknownewfie on Nov 08, 2017 10:38am

Could they be a buyout target

Could they be swallowed up by the Bruce Linton behemoth in a Acqiuistion? Canopy has lots of coin right now at their disposal and will want to increase their market share especially after the Constellation purchase. Maybe Aurora will want to add them for their battle for weed supremacy. Also wouldn't be surprised if Vic Neufeld says he's buying. Just my humble opinion that as the date to legalization gets closer these smaller to mid size producers will get swallowed up like guppies by the bigger fish. GLTA
Comment by GoldBug2017 on Nov 08, 2017 10:56am
My thoughts also Canopy would be a good candidate, they have Snoop Dog, they may want the Tragically Hip... they are brand names that will sell. Time will tell
Comment by Coreymay22 on Nov 08, 2017 11:08am
What would happen to our shares if there was a buyout? 
Comment by indaknownewfie on Nov 09, 2017 6:42pm
Very valid point, it may all be in the branding in the end
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