Newstrike Brands Ltd NWKRF

Re: HIP: Merger vote is on

[MNK3240]

** On Wednesday, Ontario's Newstrike Resources Ltd, a recreational cannabis company backed by the Tragically Hip, will vote on whether to merge with Saskatchewan's medical marijuana-focused CanniMed Ltd. Shareholders of CanniMed will vote on the same deal the following Tuesday. https://bit.ly/2DlwiSz

[stckapprentice]

“With the way the multiples work, Newstrike is now worth more than CanniMed,” said Jason Zandberg, an analyst with PI Financial Corp. “I believe it’s a 65, 35 merger, so (Newstrike shares) would be worth almost half in that transaction.” exactly what I said.... newstrike needs to be valued on a multiple of it's share price.  Deal will fall through... load up on hip shares and ACB shares

[Theresa1973]

Ya right.....we have upper management throwing us into the river with cement shoes on.....I USED TO LIKE THE TRAGICALLY HIP, BUT NOW I SEE HOW SELFISH THEY ARE TO ONLY THINK OF THEMSELVES AND NOT CARE ABOUT THE WORKING MAN!! It makes my stomach turn, as I once was a supporter of them, helped them to get rich, now all they care about is their own greed. Newstrick would do great if we don't

[KingMidasAu]

Wasn't the vote supposed to be Friday for CMED? It got pushed back to next Tuesday now? More time for ACB to buy and lock up more CMED shares

[MNK3240]

Shareholder votes on CanniMed merger could decide fate of hostile bid by Aurora Special to Financial Post   Mark Rendell   January 16, 2018 9:09 PM EST Filed under: News Share this Story