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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

Comment by goldman777on Jan 21, 2018 3:05pm
171 Views
Post# 27404085

RE:RE:RE:read article

RE:RE:RE:read article
PinkyndthaBrain wrote:
that could be different tommorow, acb has to up the offer also the deal went from "hostile takeover" to friendly, it sounds like acb wants to be in the #1 spot so bad that they will do and pay anything to get there


totally agree, and don`t think we are alone - just look at all the money that piled into HIP on Thursday and Friday - Why even bother going through the regulatory process of the original CMED / HIP merger, now ACB just takes them both and I`m betting it will be something like 1 ACB for 6 maybe 7 HIP .... so 50 K HIP becomes lets say 8500 ACB @ Fridays close of $13.50 = $115 K ish, a nice premium to HIPs Friday close of $1.47. We will all know soon enough, and I do think WEED has something up their sleeve - maybe not concerning this transaction but watch for more consolidation in the sector involving the big names.
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