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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 > CMED the hypocrite
View:
Post by ShortNStocky on Jan 13, 2018 12:25pm

CMED the hypocrite

CMED CEO won't stop whining about how aurora deal is bad value for CMED shareholder shares yet never address the fact that their offer to HIP is highway robbery! HIPs market cap has exceeded CMEDs yet they're offer USB at November values?? Not to mention cmed claim a auroras deal is holding back their share price, by that logic cmeds deal is holding back hips share price. Anyone who bought hip for more than $0.5 should realize this deal is awful. I would love if aurora just bought HIP for a fair price lol
Comment by scottyBoy8 on Jan 13, 2018 12:32pm
Yopur deffinately an ACB fan boy share holder. Your logic is so flawed. ACB has realeased at least 4 new releases saying they have no interest in buying newstrike because it has zero revenue and they can not even afford to complete their facility and have 0 capital.
Comment by domdom03 on Jan 13, 2018 1:06pm
hey scottyboy read the latest news, hip has a license to sell, doubling there capacity, cmed signed agreement to buy there weed ( why would they sign this agreement if they were so sure of gaing control, it makes no sense) if agreement goes through acb will be threatend because of future revenue streams coming from hip.
Comment by scottyBoy8 on Jan 13, 2018 1:12pm
Up Cannabis has submitted an application to Health Canada to designate the Niagara Facility as an "adjunct" facility to Up Cannabis's fully-licensed Primary Facility in Brantford, Ontario.
Comment by scottyBoy8 on Jan 13, 2018 1:13pm
They still have no sales lisence or grow lisence for niagra facility located in beamville to be exact i believe.
Comment by scottyBoy8 on Jan 13, 2018 1:13pm
They still have no sales lisence or grow lisence for niagra facility located in beamville to be exact i believe.
Comment by scottyBoy8 on Jan 13, 2018 1:16pm
This facility also is not completed construction yet and they need a tier 9 or 10 vault I believe required by health canada.
Comment by domdom03 on Jan 13, 2018 1:27pm
2018-01-05 09:20 ET - News Release   Mr. Jay Wilgar reports NEWSTRIKE'S UP CANNABIS INC. RECEIVES HEALTH CANADA APPROVAL FOR AMENDMENT TO ITS PRODUCER'S LICENSE FOR SALES Health Canada has approved the application by Newstrike Resources Ltd.'s wholly owned subsidiary, Up Cannabis Inc., to amend its licence, thereby allowing Up Cannabis to sell cannabis in dried marijuana ...more  
Comment by scottyBoy8 on Jan 13, 2018 1:32pm
Up Cannabis Receives Approval to Double Production Capacity of Niagara Facility Will increase total annual capacity to 27,000 kg TORONTO, ONTARIO--(Marketwired - Jan 9, 2018) - Newstrike Resources Ltd. (TSX VENTURE:HIP) ("Newstrike" or the "Company"), is pleased to announce that its wholly-owned subsidiary and licensed producer, Up Cannabis Inc. ("Up ...more  
Comment by domdom03 on Jan 13, 2018 1:36pm
correct me if im wrong, they have product to sell now from brantford facility. cmed will buy it from them as per agreement
Comment by domdom03 on Jan 13, 2018 1:25pm
  Newstrike Resources Ltd Symbol C : HIP Shares Issued 389,699,346 Close 2018-01-08 C$ 2.16 Recent Sedar Documents View Original Document     Newstrike receives OK to boost Niagara production space   2018 ...more  
Comment by ShortNStocky on Jan 13, 2018 1:46pm
Well the last part about them buying Newstrike wash not really a serious comment but yes I am a fan of aurora, not a fan of cmed and not a fan of their offer to Newstrike. 
Comment by scottyBoy8 on Jan 13, 2018 12:40pm
Currently all newstrike has is a 20,000 sq ft facility in brantford with a sales and grow lisence. They have a facility in beamsvillle that is 100,000 sq ft but it is half built and they can not afford to finish it because they have no capital and they can not afford to finish the facility or get their sales lisence or grow lisence for that facility. the vault alone to store the marijuana is like ...more  
Comment by Brento1 on Jan 13, 2018 1:49pm
The CMED + HIP deal has been in the works for a long time and is friendly. CMED has provided support for their future partner HIP to grow to where they are right now.  CMED would have provided support to Newstrike in dealing with Health Canada. Research and check who holds the mortgage on that large Niagara property. Think Newstrike could have swung that on their own? Now Newstrike needs ...more