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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 > If Cmed Votes Yes, If Cmed votes No
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Post by jaker420 on Jan 17, 2018 1:02pm

If Cmed Votes Yes, If Cmed votes No

The way I see it the "Hip" stock price will end up at about the same price all said and done am I correct? If Cmed votes for takeover then shares will be approx. 90cents + inflation of Cmed shares upon deal. If Cmed votes "No" then UP cannabis is on there own for the time being and there share value I would assume with everything taken into consideration ( license, tragically hip etc. new site in dundas etc. ) would probably settle around the $1 mark or higher ? Am I wrong ?
Comment by VentureGecko on Jan 17, 2018 1:33pm
Sorry fo rthe question if has been answered, but where did you draw approx. $0.90 value for HIP stock. I have seen a lot of numbers thrown around but nothing rerally definaitive other than the deal terms from Nov.
Comment by SecondLast on Jan 17, 2018 2:14pm
CMED share price * .033(the conversion price) = HIP value
Newstrike Brands Ltd