Newstrike Brands Ltd NWKRF

Hips doing the right moves!

[Surfer13]

They made 3.4m last q, which is more than 10% of acbs revenues! They are climbing, ACB will be doing 65-70m next quarter on the high end with 45-58m on low end, so if Hip does 7-10m, that will be above 10% and inching up to 15% of what acb does per quarter.  I think striving for 5-10% of the rec market is a good thing to strive for, as companies such as Bvo-zenabis, Ogi, Trst, Tlry, apha, chronos scratch for there 5-15% of the rec market, meanwhile Canopy and acb will have 55-70% of the rec market sales. With my estimation of sales in canada in 2019 being 1.2-1.8billion, and 1.5 m the medium. 5-10% would be 75-150m in sales for 2019. Thats my take on where  this is going.