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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 SlangEditor00on Mar 06, 2019 8:08pm
146 Views
Post# 29452819

Production Capacity - Answer from Denis in PR

Production Capacity - Answer from Denis in PR

I know a lot of people have had questions about where we stand with production. This is the answer I got from Dennis today:

20,000 kg is the current capacity assuming full production ramp up. That construction was finished in Jan and we referred to it as Phase I. Now they are in the process of ramping production at the facility and they are adding plants each week and its ongoing. I’m afraid there’s not much more I have to share to break down capacity, I don’t have the numbers and it’s a discussion that will probably have to wait until after the financial results.

Some simple math for all you impatients out there.
20 000 x 1000 x $5/g = 100 000 000.00

Be patient for F sakes. It's coming. MOST IMPORTANTLY - They have all the distribution in place to sell this amount. Something a lot of people forget about.
Rec stores are opening in a month. The party is just getting started....

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