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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 > HIP: is it still a takeover target?
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Post by Royal10 on Aug 09, 2018 10:00am

HIP: is it still a takeover target?

Back in Jan./2018, HIP was the object of a takeover by CANNIMED for over $350-million value. Eight months later, is it still a takeover target?. I personnaly think so and this is why I add to my positions when it is trading at bargin prices. I suspect that a big company is accumulating at $50 cents!
Comment by TheFuture1 on Aug 09, 2018 10:33am
This post has been removed in accordance with Community Policy
Comment by quinlash on Aug 09, 2018 12:44pm
Actually HIP is a better bet for a takeover now than it was back when Cannamed was looking at them.  When CannaMed backed out of the deal they had to pay millions to HIP (forgive me, I can't recall the exact amt right now).  HIP also gained their fed approval for medical cannabis right afterwards.  In addition to that the banks started calling up HIP and offering fincancing ...more  
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