Newstrike Brands Ltd NWKRF

Yall been smoking too much hip

[scottyBoy8]

You think cmed bought shares at 3$ lol why would they pay 1 billion market cap when they're only worth 600 million?

My guess is it was Aurora before c.med. And if cmed bought shares it was not for 2 dollars or even three dollars when they are aqquiring the entire company for around 89 cents a share....

The deal is already set up. Hip is supporting the deal. Newstrike needs the money to complete their facility. The two companies have already signed a deffinative distribution agreement. Hip has to take the deal to be honest if they back out they owe cmed 9.5 million which they dont have.

[Windward45]

HIP doesn't owe anybody anything if the shareholders vote against the deal. They owe money ONLY if one of the directors changes the deal in bad faith. What if HIP gets a better deal from another major player in the industry? HIP with their new recreational license and tragically hip branding is a lot to offer a bigger company in this market, especially now. This will NOT be the only offer