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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 silkroad007on Sep 20, 2018 3:01pm
48 Views
Post# 28658072

RE:RE:RE:RECREATIONAL VS. MEDICINAL

RE:RE:RE:RECREATIONAL VS. MEDICINALexactly - look up any case study as to why beer sells way more than wine in the USA .  Common conclusions are all "too many choices in wine".  This is a well understood marketing issue.

As stated before call it the "Budwiser" approach.  Few strains, easy decision, become a household name.  "know what you do well and do it well"  

I also think focusing on Canada "only" is smart in the long run.  Short term international exposure helps especially in thiis euphoric retail bubble but after a few years every single country will establish local markets for thier own companies.  Why - TAXES.  so alot of these majors will see a contraction in market share.  In the meantime HIP/UP will have established itslef as a goto top 5 hoursehold name in Canada. 

blobboy wrote: so further to that thought - I`m not sure the average health plan will cover one`s mj needs. Most of the guys I know aren`t sick and in need of the stuff so much that they need to see a doctor...hey doc, I`m having anxiety attacks how about a scrip for some green - just beating the legalities of having a bag big enough to supply all their pals. As far as Jay Wilgar and his mandate to stay focused on the recreational end of things - well, I think his foresight into a waning medicinal market for the average Joe shows he is a leader with vision. This speaks volumes to the type of company I want to be invested in. A company with a visionary at the helm...even the best positioned companies can be run into the ground by inept management teams. I like the fact that HIP stays true to it`s core values and can carefully step out into different forays as the opportunities present themselves...over diversification can be more of a hindrance than a benefit.


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