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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 Sevam123on Mar 14, 2019 8:38am
47 Views
Post# 29483946

RE:RE:RE:Again Hexo posted 16M income, what if HIP

RE:RE:RE:Again Hexo posted 16M income, what if HIPYoun can't sell beyond your ability to produce.  To sell more in a quarter you have to be capable of producing more.  Production facility is still being built.  Takes another 3 months to grow a crop, etc.  There is no question that there is demand for UP products but a major ramp up in quarterly rev is still 2 quarters away.  HEXO deal makes sense to me.  Sometimes you gotta pick hay while the sun shines.  Fact is that both HEXO and HIP were going to break out at some point during the next 12 months.  This way they are just doing it together.  Possible you could make more is HIP stayed on their own but you would not make it faster.  Speed matters.
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