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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 mingzhuon May 24, 2018 11:32am
188 Views
Post# 28075349

my take on this PP

my take on this PPbad for short time and good for long time. Here are the reasons: 

80% pot companies will eventually disappear after the legalization, down from a couple of hundreds to  dozens. Share price on average will be down 50% to 80% from the current level. only those which have cash can survive except for a few big companies like WEED and ACB. HIP has $150 m cash now. It has a good chance to survive. Share holders should be happy to have PP at 0.75 now. you cannot have this kind price a few months later after pot hype is over. 
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