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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 Aug 01, 2018 8:31pm
88 Views
Post# 28401579

RE:RE:The whole sector is red except a few exceptions

RE:RE:The whole sector is red except a few exceptions
blobboy wrote:
battlemore21 wrote:
I think it was an ok day considering.


Good day to add, got some more "A" warrants @ 12 cents this am. so a bit of an average up for me. With the 5 year shelf life and free trading I really think this is the place to be with HIP. The "A" warrants can really garner some upside if the revenue numbers do what we all hope they will do. TSO still a concern but I think we have raised all the money we need, revenues should fill the gap for expansion. With privatization of recreational distributorship in Ontario, HIP is incredibly well positioned to be a leading force with their specialized approach. I think a lot of companies will find themselves too over diversified in a very crowded playing field. The more focused companies ie; HIP - recreational fully integrated will do the best. IMHO
I concur, Newstrike although being creamed as of late is fully focused on the recreational side of the industry. Yes it has been a couple of tough months since I started buying back in around the 65 cent mark. I did sell a fairly large portion to switch into the a-warrants as well, now with over 200 k warrants at about 9 1/2 cents. There have been a few bumps for the sector but we stay fully focused on the rec. side while others are just spread far too thin for my liking. I think we are poised for a nice little bull run sector wide this fall, one more month of accumulation then it`s BOOM BABY.

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