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"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."

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Newstrike Brands Ltd > Merger affect on shares?

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Post by MichaelKuss on Jan 23, 2018 11:25am

Merger affect on shares?

Very curious what would the effect be on the price of HIP assuming the Acb/CanniMed merger goes through? What would the affect be if the merger DOES NOT go through? Thanks

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Comment by TooMuchInvested on Jan 23, 2018 12:39pm

This is what my opinion. If there is a merger between ACB and CMED without HIP, HIP's price will be run amok for a while until a big correction kicks in. I honestly don't think that HIP is worth more than $1/share given their assets. If HIP is included in the merger, HIP 's price will be brought down to that $0.89 mark or whatever they decide to offer. I doubt they will give HIP much ...more

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