Newstrike Brands Ltd NWKRF

RE:RE:Something is wrong

[quinlash]

HIP is an undervalued stock in a new market where everything else is grossly overvalued.  The stock was mentioned as a supplier for Ontario so now it's getting a bit more media exposure (no real thanks going out to HIP IR/PR team...).

Investors who are getting interested in pot stocks are looking around for those that are priced well and have the best chance for a good ROI.  HIP is one of those odd-balls that is trading low and has been flying under the radar since ACB killed their take-over deal by CanniMed.  Due to the contract being broke HIP got a nice little parting gift of $9m (someone correct me if I got that number wrong) and immediately got financing for another $80 million or so.  They also were awarded their license to sell.  

HIPs cash position is very strong compared to just about any of the other MJ companies, refer to their recent QTR report.

Long story short... HIP is actually in a MUCH better position that it was then the stockprice ran over $3 at the beginning of the year and wait.. there's more...

Investors who are doing their DD and read the articles on how to qualify a good pot stock noticed the list of criteria included INTERNATIONAL CONTRACTS... well.. HIP DOES NOT HAVE ONE.. therefore it is currently being overlooked right now by many investors HOWEVER.. (sorry about the caps.. too much coffee in me..)  in the last video interview with HIP it was disclosed that they currently have a team overseas working on a deal.. you can bet that team isn't getting a plane ticket home until they have a contact in hand and when an agreement comes out in a NR you can put a checkmark in the last box of criteria for making HIP an investors choice for MJ investing...  When that trigger gets pulled you can bet there will be a whole new wave of investors coming in and they will all be wishing they bought ahead of the news.

The overseas contract deal was mentioned a few weeks back now and we are coming up on the end of another month when (traditionally) sales teams are expected to deliver their results for the month.  If a contract is in the works you can count on the sales team being pressured to have that in for month end reporting.... and a NR.

That's my view of the stock and why I'm holding with high expectations.. anyhow, everyone should do their own fact checking before buying any stock.