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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

View:
Post by JohnOfAllTrades on Mar 13, 2019 3:02pm

55m

Why did the Hexo ceo say they’re getting 55m cash out of this deal? I thought we had 100m+?? Why all the hate on me last week for asking questions about Jay, his credibility and his loyalty? I guess this wasn’t  conspiracy after all?..
Comment by TennisStar on Mar 13, 2019 3:05pm
The $55M in cash is actual cash...I believe what you are referring to is cash + access to credit in a sense through various financial instruments.
Comment by JohnOfAllTrades on Mar 13, 2019 3:09pm
The company has been throwing around 100m CASH, not saying “our 55m in cash and 45+ in loans”
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