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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > Tell me why Newstrike wanting to sell is a good thing?
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Post by DollaBillaon Sep 14, 2018 2:08pm
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Post# 28622259

Tell me why Newstrike wanting to sell is a good thing?

Tell me why Newstrike wanting to sell is a good thing?Wouldn't it be better if they used that $150 million to expand their growing capacity?  

Someone please tell me how selling the company is going to help them...when it seems to me that they should be working on increasing their production capacity. 

How does them getting bought out help things more? 

Any responses to my question would be greatly appreciated.  I have to go into my crappy job (which I'm hoping to leave after Christmas) but I will be reading everyone's answers/reasons later tonight when I get back. 

Someone sell me on why this is supposed to be a sound strategy.
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