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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 VeritasVernon Apr 12, 2018 12:27pm
112 Views
Post# 27873958

RE:RE:Final ApprovalGetting Closer!!!

RE:RE:Final ApprovalGetting Closer!!!
PinkyndthaBrain wrote:
mr wilgar is a smart guy i know he has something big happening, he hinted it last interview, $100million is alot


HIP is burning through cash in three ways: 1) construction/expansion costs which can be expensive when factoring equipment, meeting all regulations etc. 2) the monthly costs of executive and employee salaries. 3) general overhead costs Let's not forget also that this early on in this juncture he seemed to think that management was worthy of 4.75 million stock options and good for five years. That is quite greedy on his part.
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