Newstrike Brands Ltd NWKRF

Growing vs Marketing

[TruthAboutHip]

While I beilieve that marketing will be an important part of the puzzle, growing product will always be the most important aspect. The amount spent this year on marketing alone basically wipes out any profit that could be gained from product they grew this year. Newstrike simply cannot afford to continue to put off the expansion and operate at this level.

There has been at least one harvest lost since April when they anounced they would start cultivation at the Niagara facility. Now we are in August and they announce that they are still retrofitting. This is completely unacceptable. Newstrike needs to be growing at full capacity in order to make any profits and not just pay themselves to sit around and wait while they spend money at an alarming rate. For example I would like to know how they spent over 3 million dollars on marketing in 6 months ?

What possibly could the reason be that they are dragging their feet on the Niagara facility ? Perhaps they never had any intention of being cannabis producers in the first place ? Perhaps they thought they would have sold the whole mess to someone else by now ?

Whatever the reasoning, we all invested our money in a cannabis company and are still waiting for them to grow enough to even keep up with the costs of running the business. The most ironic part of it all is that their company slogan is "Committed to Growth". What a cruel joke that is.

This whole never unfolding story of the secret "plan" is becoming so absurd that I can only guess that Newstrike is holding a hand which has nothing at all in it and this of course isn't good news for us as investors.

Newstrike needs to be held accountable by it's investors. I am trying to do my part, but more voices
would raise the temperature under their secretive and inactive posteriors. It's your money and your choice meanwhile I remain "Committed to Truth".