Newstrike Brands Ltd NWKRF

CMED HIP deal will not happen

[d3rider2k5]

GOODBYE CMED! ACB and CMED deal will go through. HIP Stock price will drop significantly.

[Asterix99]

Even if ACB CMED deal doesnt go though and CMED buys HIP, HIP price will sink below $1 since that was the  offer. 33 for 1000

[KingMidasAu]

You need to look at when the move started. We didnt move up on the CMED merger news, we moved up on our own licensing and facility expansion. This was languishing with the deal over its head, people are seeing its not happening now and we can run independently upward and so we have been

[beeeenz]

Newbs getting owned by the bashers and trolls panic selling!

[Asterix99]

Upward? This stock went from $3.30 to $1.59 in 4 trading days. Even today is down 5% when all cannabis stocks went up 15%. The people who are pumping this stock on the board bought it at $3 and are hoping it goes back up so they can break even. 

[KingMidasAu]

it also went from .60 to $3.30 in 5 trading days. Selectively picking your time frames for moves without any additional factors makes it real easy to skew the picture doesn't it? Been here since .30 

[Egreen23]

Are you certain that it wont go through? You better Vote. From my understanding, core shareholders who account for 58% of the Newstrike HIP shares have already said "Yes" to the Merger with Cannimed. In a December 12th 2017 Information Circular, Newstrike Management and Board recommend the approval of the merger and lists the following majority shareholders are supporting the agreement

[bepositiveTA]

CMED and HIP merger https://globalnews.ca/news/3961081/cannimed-therapeutics-newstrike-resources-aurora-cannibis-marijuana/

[Badtrader2008]

Good post egreen23! Seems like if hipsters wanted to protect their core profits in hip, they should have bought some CMed and voted no to merger with Newstrike. The fix was already in on the hip side with only about 27% of the retailers being about to vote which if you vote no you send your message.... I'm not sure how this all plays out between ACB,CMed,hip but one of them shares will go