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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 > cannimed previous
View:
Post by commodity16 on Feb 10, 2018 5:15pm

cannimed previous

Offer for takeout was $0.50. What is justifying the price up where it is at todays levels? One has to really pick and choose with these pot stocks and not get suckered into buying just anything. I am wondering if HIP is a bit inflated here, with price being bouyed up by the media coverage being associtated with the Tragecially Hip?  I mean; I like there music; but as far as entrepenuers...not sure if I would put my money on that.
Comment by headcramp on Feb 10, 2018 7:13pm
I don't think it has anything to do about "entrepenuership" but 100% about branding and marketing. A name that some people can relate to. I asked my wife one day if she were going to buy some at the store someday.  Which would she choose? The Hip bobcaygeon brand? Or the Nickleback rockstar brand? She chose the hip .... Other people would choose the Nickle!  Seems like ...more  
Comment by Swampcat27 on Feb 11, 2018 3:48pm
 your right headcramp.. I've been saying that all along. Just because someone dosen't like the band Trag. Hip dosen't mean they wont buy the product....If the HIP produces a good strand of weed  thats better than others ppl will buy it. But some idiots dont get that in here and if you say anything negative about the HIP you'll be smite to the depths of Hell.  lol ...more  
Comment by Soccerguy on Feb 11, 2018 9:30am
Do your due diligence on this company. Having the hip back them is a bonus. There is minimal to no revenue at this time like most mj companies but give it time. Buy some today......go check your investment in about 6 months then when u come to Niagara you can buy me a beer or two. Cheers. 
Comment by domdom03 on Feb 11, 2018 12:15pm
when deal with cmed was done hip had no sales licence which they have now , plus now they have money to expand there niagra facility, they struck deal for cmed to buy hip product, they received over $14 million from cmed for not going through with deal plus investment bankers chased them to tune of $80 million financing at $1.31 /share because they saw a good investment comming to fruitation very ...more  
Comment by RODBUSTER on Feb 11, 2018 1:00pm
Purdy good entry point here