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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 by User

Post by Investorguy1234on Dec 13, 2017 11:34am
455 Views
Post# 27147071

Newstrike and Cannimed

Newstrike and CannimedAm i the only one that doesn't want to see these two merge ? Given present Cannimed share price we can anticipate approximately .66 or .67 for our shares. Cannimed shares have appreciated 50% in the last 3 months, if their share price returns to normal levels, our sahres will effectively be worth .40-45 after the purchase ( i know that they wont be HIP shares anymore but using HIP for comparison purposes). 

Cannimed was one of the first if not the first POT stock and their management have done nothing to enhance real shareholder value. I believe greater in our HIP management and their ability to deliver real financial performace, once the sales license is received. 

I hold a nice sized position in a well balanced portfolio so i don't need the quick up side return, i would prefer a long term fabulous return. I understand someone else's position if you are looking for a quick get in and get out investment. 

Just my thoughts, GLTA
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