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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > Its a Win Win 4 HIP!!!
View:
Post by CallMeRocketMan on Nov 20, 2017 7:56am

Its a Win Win 4 HIP!!!

If HIP is taking out by CMED, great!!!
If CMED bails out of the deal, CMED owes HIP 9.5 million.Great!!

CanniMed has agreed to pay a $9.5 million termination fee to Newstrike Resources should a superior proposal, such as the Aurora Offer emerge.
Comment by Kazparov on Nov 20, 2017 8:31am
The upside to being acquried is being part of one of the major players in the industry. Upside of not is remaining a small fish and getting 2.4 cents per share in cash? Win/win?
Newstrike Brands Ltd
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