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Bullboard - Stock Discussion Forum 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 Discussion

Newstrike Brands Ltd > The Future of Newstrike!
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Post by Gulruthina on Jan 10, 2018 10:28pm

The Future of Newstrike!

Well it is true that HIP does not make any revenue and is overvalued and that is a fact but as an investor you have to look at the future of the company.

1. Merged with CMED - You become CMED shareholders. CMED shares is around $26 dollars and they can always do a stock split to issue current shareholders more shares and make it more affordable.

2. Supply agreement with CMED that is renewable - Good revenues with HIP

3. License to produce and sell cannabis - HIP is just starting out so obviously they are not making money at first but once they start producing and selling cannabis then revenues should go up which will drag the share price up. 

4. They are partnered with "The Tragically Hip" - A popular rock band in Canada! This will help with marketing with recreatioinal Cannabis no doubt about it. WEED has Snoop Dog and Canada has "The Tragecally Hip"

Maybe the stock price will go back down to 1 dollar or less (who knows) but if you know the future plans of the company then no doubt that it will go back up in the future.  

"A statement issued by the Health Department last month said, "as previously indicated, the government of Canada intends to bring the proposed Cannabis Act into force no later than July 2018."

- https://www.huffingtonpost.ca/2017/12/20/trudeau-rules-out-canada-day-for-marijuana-legalization_a_23312549/

If HIP is still alive by then they should already have made millions fromt he supply agreement and this should boost the share price of HIP
Comment by Duxing on Jan 10, 2018 10:47pm
All based on guessing and assumption! This is how you invest your money!
Comment by Gulruthina on Jan 10, 2018 11:00pm
1. Merger with CMED - https://newstrike.ca/wp-content/uploads/2017/11/CMED-Project-Courage-PR-FINAL_3.pdf 2. Supply agreement with CMED -https://www.businesswire.com/news/home/20180102005162/en/CanniMed-Therapeutics-Cannabis-Wholly-Owned-Licensed-Producer-Newstrike 3. License from Health Canada - Look for UP Cannabis https://www.canada.ca/en/health-canada/services/drugs-health ...more  
Comment by tineta on Jan 10, 2018 10:56pm
I'm picturing that ACB takes out CMED, then HIP outgrows as a strong compatible weed co. to ACB and CMED combined company.
Comment by Westwolf on Jan 10, 2018 10:58pm
This post has been removed in accordance with Community Policy
Comment by Gulruthina on Jan 10, 2018 11:09pm
The supply agreement should provide HIP with fixed revenues 
Comment by SendMoneyPlz on Jan 11, 2018 12:21am
You do not understand how the deal works, plain and simple. When the sale happens every 1000 shares becomes 33 CMED shares. They are not getting the same numbers of CMED shares as they had in HIP. When HIP is absorbed it basically gets absorbed at 89c per share under the deal (based on CMED's current share price). The drop off today is beacuse the smart folks have seen that, and have sold and ...more  
Comment by Gulruthina on Jan 11, 2018 12:37am
No shiet sherlock. Well I got in at 0.37 sooo..
Comment by SendMoneyPlz on Jan 11, 2018 12:44am
It doesnt matter where you got in at, if you leave now you leave with 2.20 per share, if the deal goes through the worth changes to 89c per share - do you see that? I'm not baiting you. You are about to lose 60% of your current value. You can go from .37 to 2.20 or .37 to .89 - which do you prefer?
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