OTCPK:NWKRF - Post by User
Post by
Ggeemanon Sep 18, 2018 6:41pm
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Post# 28642939
This is how rumors start
This is how rumors start
Newstrike Brands has signed distribution deals with five provinces and has current production capacity of 12,500 kilograms, which is expected to double by early 2019. Newstrike reported a loss of $8.6 million at the end of the second quarter and has yet to report any revenue since it completed a reverse takeover in June 2017. Canopy Growth Corp. (TSX:WEED), the early leader in cannabis branding, would be a potential fit, especially as rival Aurora Cannabis Inc. (TSX:ACB) continues to make acquisitions.