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."

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Newstrike Brands Ltd > Warrants

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Comment by silkroad007on Oct 11, 2018 5:57pm

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Post# 28784504

RE:Warrants

The whole MJ market has been dropping. Only actual revenues will seperate the winners from pretenders. I know for a fact HIP will have the revenue and then teh exposure will come.

Teh warrants are tied to the stock obviously so if the SP is stagnant so are the warrants. Even so the warrants are undervalued but once they trend above teh striek price the warrants typically come closer to if not exceed fair market value.

Also look at the warrant volume - it's clear they are amateur penny flippers. The $$ amount is peanuts.

Mashup77 wrote: <br />

A warrants dropped again today. If anyone believes this company will be worth something why the heck would anyone not buy the warrants?
For some reason it just doesn’t seem kosher. I bought the warrants at .36 when it was way undervalued and it has just steadily dropped. With all these supposed positves for this company that hip has pointed out and legalization in 3 trading days things don’t seem right with this.