Newstrike Brands Ltd NWKRF

Re: HIP: New negotiations, end game and potential of making

[MNK3240]

My theory is that based on previous arrangement between ACB and CMED, the current offer may not be 1 CMED = 4.5 ACB anymore. It could end up 1 CMED = 2 ACB. The previous arrangement was based on stock prices at the time and if new arrangement goes again based on current market prices, most likely it will end up 1 CMED = 2.5 ACB.  If everything is renegotiated, it would be a good news for HIP shareholders (particularly who bought at a high price)  in the long run because post merger, ACB price will be more than double by summer around pot legalization almost guaranteed. That will make HIP SHAREHOLDERS at par, if not at a good profit. So if you have patience, you won’t lose money. 

On on the other hand, if HIP is left alone in the new arrangement, based on HIP’s own licenses and pot growing facilities, it will trade around $10 by summer for sure even if they’re not acquired by some big fishes.

So regardless, it’s not all doomed. Whoever is buying at current price, they will definitely make big money once everything plays out in next few weeks!