Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 BUYING4MEon Sep 27, 2018 7:29am
77 Views
Post# 28698960

RE:RE:Explain to me :

RE:RE:Explain to me :All distribution is done by the OCS.  All dispensaries must buy wholesale from the OCS.  HIP would sell its weed to the OCS and then buy it buy back from the OCS for their stores.

The interesting part nobody is talking about is the $7.38 price point.  If Ontario sticks to this, and both the OCS and private dispensary owners must make a profit, then the OCS is most likely paying $3.00 or less a gram.  That's big news for anyone who's costs are above $1 a gram to produce

thebiz wrote: Hey samforhip! IMO this is really good news for HIP! It should allow a more even sales distribution and even things out to get out of the gate. Newstrike was a late player to the game and this news is like taking away a portion on the head start that the bigger initial players had. Eventually this will catch up to our stock price.


<< Previous
Bullboard Posts
Next >>