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Newstrike Brands Ltd NWKRF

Healthcare Biotechnology Cannabis
"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

Newstrike Brands Ltd > PAY US JAY PAY US GOOD
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Comment by Bigbaboonon Apr 04, 2019 7:03pm
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Post# 29584933

RE:RE:RE:PAY US JAY PAY US GOOD

RE:RE:RE:PAY US JAY PAY US GOODWhat an overvalued corp!




mozzarella wrote: “HEXO now trades at approximately 13x EV/C2020E EBITDA based on our revised estimates,” the analyst adds. “This represents an 63% discount to the average amongst cannabis companies with a C$1B+ market capitalization, and a 78% discount to the 58x average that US-listed cannabis companies trade at. Potential catalysts include closing of the HIP acquisition (HEXO management predicts that within 60 days), additional partnership and/or product development news, and the Q3/19 results in June (though as noted, management guided to a flat quarter).


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