Newstrike Brands Ltd NWKRF

Hip supply agreement

[marketMaker123]

Up Cannabis Announces Definitive Supply Agreement with Alberta Gaming, Liquor & Cannabis Commission (AGLC) TORONTO, July 05, 2018 (GLOBE NEWSWIRE) -- Newstrike Brands Ltd. (TSX-V:HIP) ("Newstrike" or the "Company"), is pleased to announce that its wholly-owned subsidiary, Up Cannabis Inc. (Up Cannabis), has entered into a definitive Supply Agreement with the Alberta Gaming, Liquor & Cannabis Commission (AGLC) that will see a variety of Up Cannabis product sold via AGLC-approved strategic retail partners and locations, and through the AGLC at www.albertacannabis.org. This deal is another significant achievement for Newstrike and a critical step in our strategy to position Up Cannabis as a premier adult-use brand, said Jay Wilgar, CEO of Newstrike and Up Cannabis. With the AGLC overseeing distribution to the anticipated 250 private brick and mortar retail stores expected to open within the first year of legalization and the AGLC online store, this partnership represents a significant opportunity to develop our presence in Western Canada, ultimately driving sales and revenue. Canadian provinces and territories will determine both how and where cannabis will be sold, with the majority distributing cannabis exclusively through provincially owned and operated corporations. As such, supply agreements with the provincial boards are integral to Newstrikes business strategy. Albertas adult-use cannabis market is estimated to be worth as much as $1 billion annually1. The supply agreement is conditional upon the federal and provincial governments adopting the necessary regulatory framework. For further information or to request an interview, please contact: PM Rendon Director, Communications & Public Relations Up Cannabis Inc. 365-773-5432 [e-mail]

[BUYING4ME]

Any idea how much Alberta has committed to?  There's nothing in here regarding volume (grams, KG etc...) or cash in return etc.. Thank you

[Eigen337]

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[BUYING4ME]

Aurora announced 25,000KG allocated for 6 months for Alberta.  I was hoping HIP would have included similar information; https://marijuanaindex.com/industry-news-item/?newsId=5969415024985096

[OSKARtheRED]

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[321Blastoff]

The Aurora NR states allocating 25,000 kg. It is a purely speculative guess on their part. That doesn't mean they will sell 25,000 kg.

[Eigen337]

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[BUYING4ME]

Under the terms of the agreement, the largest of its kind in Canada, Canopy Growth will supply Alberta with over 15,000 kilograms  https://markets.businessinsider.com/news/stocks/canopy-growth-enters-supply-agreement-with-the-alberta-gaming-liquor-cannabis-commission-1027343872 I don't disagree with you guys, but it would be nice to see some kind of number.  Canopy

[OSKARtheRED]

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[Eigen337]

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[Myab16]

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[Ggeeman]

quit crying already . some of us are in deep too and crying does nothing . be proactive and instead of complaining here to strangers, complain to the company via msgs to the IR

[321Blastoff]

Couldn't hurt to let the company know you are unhappy. Also don't be satisfied by boilerplate responses. Ask important questions and be clear about it.

[Myab16]

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[Ggeeman]

I sympathize buddy trust me . I dont think all the concert/charity circle jerk was worth anything at all and was all fluff . today we have concrete proof of deals materializing and coming to fruition. Im certain that a few more will be coming very soon and HIP can start making money !!!!!

[silkroad007]

You should probably start your own company - seems you know what needs to be done all the time. Easy to sit back and pick apart others work.  texbook underachiever.

[Myab16]

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[battlemore21]

why are you so upset Myab15?

[Thelonious]

myab do you even own any shares of HIP?   I'm tired of you spewing negativity on here.  post facts if you want but stop the sh*ttalking everyday.  you're almost as bad as mmjgaddzilla  aka mozarella.  I gave you many chances but i'm going to have to block you now.

[Myab16]

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[Ggeeman]

I told you to call them and lose it on them .

[silkroad007]

Every stock small enough to be manipulated was manupulated.  Dont act like HIP is the only one.  You are just trying to manipulate further, so buy long, short or whatever but stop manipluating.

[OSKARtheRED]

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[Myab16]

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[OSKARtheRED]

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[Moneymaker977]

Great news.  Thanks for the information :)