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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 mathandmasson Oct 25, 2018 6:44pm
110 Views
Post# 28874770

RE:Anybody know estimate on how many kgs they got rec deals?

RE:Anybody know estimate on how many kgs they got rec deals?
Surfer13 wrote: I figure they prolly have around 5000-8500 kg in deals to provinces, no med  market. Maybe Retail market in 2019. Just trying to figure out estimates on revenues. at around  $5.5 per gram to provinces thats around 27.5m-45m for 2019.  Thats my thinking anybody think there numbers will be much larger, please share ty.




Where did you get 5-8.5 tonns number from? AFAIK nobody disclosed supply agreement numbers. Cronos paid hefty price for the game of number when a short seller called them out. Private retail allows 1 store per company in Ontario. Unless they go into other provinces. Factor in the expansion construction burn against the revenues. It is tough. HIP needs to go where they allow private retail now.
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