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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

Post by blobboyon Oct 31, 2018 4:15pm
76 Views
Post# 28903919

Q3 and GUIDANCE

Q3 and GUIDANCEwhile the numbers may not be fully reflected in the Q3 report, guidance will be what really matters - and I think guidance will be very positive. I continue to add here. Lets get October behind us, traditionally the weakest month of the year and this year was no different , a wide swath of destruction sector wide...market starting to show a sign of rebounding but is it sustainable. I still believe the mj sector is the place to be, while some of the bigger names may still have a hard time justifying current valuations once the numbers on the rec, side start to roll in - the smaller players like HIP still look under valued to me. HIP has remained true to focusing on the rec. side, lets see if this approach was right. With Ontario still to roll out it`s privatization frame work - HIP still has room to capitalize on market share. I will not go so far as to say this is a table pounding buy here, but I will say the recent pull back has offered up a very attractive entry point. GLTA
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