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Healthcare Biotechnology Cannabis

"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."

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Newstrike Brands Ltd > XLY

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Post by Weedzilla on Sep 13, 2018 1:52am

XLY

If there is a deal with HIP, -that would be amazing. Auxly doesn't own HUGE, -they have a 50% partnership with HUGE whereas 200 mil. grams of the 400 mil. grams that HUGE -will eventually produce, will go to XLY. HIP deal with XLY would send hip past the galaxy...

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Comment by BUYING4ME on Sep 13, 2018 7:55am

It costs HIP $1.75 / g to produce marijuana, but you want them to wholesale it to someone else, who's then going to wholesale it to provinces? Meanwhile, HUGE CEO went on record saying recreational marijuana doesn't have big enough margins, so he wants to focus on medicinal. CANOPY CEO said they want to move away from dry leaf sales because of low margins and focus on OILS ...more

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