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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 > WEED going through the roof today, hopefully HIP will follow
View:
Post by Maka101 on Feb 15, 2019 6:19am

WEED going through the roof today, hopefully HIP will follow

Big earnings for weed, released last night. Hopefully it will rub off on us today. We need to step up our game with news releases!!!!
Comment by SKL6600 on Feb 15, 2019 7:43am
It’s actually insane that WEED is worth 120x more than we are lol. Something will have to give here soon with us. If HIP has revenue of $10mill or more we better go through or I have all faith.
Comment by quinlash on Feb 15, 2019 8:45am
You need to look at this not in dollars but in percentages. Weed only has to go up by 15% or so to hit its 52 week highs. We will do better than that from these levels when we get back in the 50's. Much more gains available on HIP, especially if something like a buyout occurs or even when they uplist to TSX
Comment by who1967 on Feb 15, 2019 8:53am
its a BIT SCARY actually that canopy captured more than 50% of the canadian market and arora 20% for a combined 75% of the canadian market leaving just 25% for the rest.
Comment by quinlash on Feb 15, 2019 9:00am
IMO it doesn't really matter what percentage of the market they captured or didn't.  What I am looking at is how much they produced and how much they sold. My understanding of it, mostly from whatching the news, is that the demand outstripped all of the supply.  There were comments made by more than one LP that supply chain issues caused some of the shortages however I think it ...more  
Comment by SlangEditor00 on Feb 15, 2019 9:05am
Maybe for this quarter....maybe. That is just a projection on their part. Dont' beleive everything the Motley Fool writes.  It is estimated at 6 billion starting 2020. who1967 - (2/15/2019 8:53:56 AM) its a BIT SCARY actually that canopy captured more than 50% of the canadian market and arora 20% for a combined 75% of the canadian market leaving just 25% for the rest.
Comment by greendayyyy on Feb 15, 2019 9:11am
My figures yesterday from WEED was $ 72 million at $ 6 a gram. I was not far away. Add hemp and future WEED expansion will have to add 150% of revenue. I will add this morning because HIP is really far from its true value. This title will fly soon either by a merger, a purchase or alone. I will stay patient and wait.  
Comment by quinlash on Feb 15, 2019 9:16am
Motely Fool ? ... lol... I read the Motely Fool for one reason, to help indicate which areas to look for investing by taking a 180 view of their articles.  They seem to post negative articles then a month later write something positive.. you can be sure they are investing in the stocks right after they issue all the doom and gloom then write these crazy stories about how much they made and ...more  
Comment by SlangEditor00 on Feb 15, 2019 9:19am
Recognize! Seriously though.. The fools are the ones who believe anything those snake oil salesman write. 
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