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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 > Share by back ?
View:
Post by Malex1 on Jul 16, 2018 4:16pm

Share by back ?

Too many outstanding shares as it is..
Comment by Thelonious on Jul 16, 2018 4:29pm
share buyback is unlikely for an MJ stock at this point in the game they should be using the 118 million for M and A, expansion, etc
Comment by TruthAboutHip on Jul 16, 2018 5:12pm
Wow you really paint with a very wide brush. What point are we at in this game ? Expansion seems unlikely as they recently sold off Enderlein at a pretty good loss to "focus on" the Niagara facility. Apparently they are unable to handle more than 27,000 kilos per year. Care to comment on the Enderlein sale and why they sold ?
Comment by itsallgame on Jul 16, 2018 5:51pm
What everybody should be asking is ,Why are they building the Niagara greenhouses 25% taller than the ones that are there now,wasting valuable resources of cash,On a positive note the building is gloss black ,gotta look good for us Hipsters
Comment by Billybobmoney on Jul 16, 2018 8:49pm
I am in the greenhouse business and I can tell you the taller the greenhouse the better it is for growing.   For one thing, a taller greenhouse will let you manage the heat better on those crazy hot days which will lead to a powdery mildew problem which can really affect the crop from growing and can actually stop the plants from growing any bigger and keep it from maturing into a ...more  
Comment by itsallgame on Jul 16, 2018 9:02pm
Thankyou very much for that info,excellent post,I take back everything I said on the greenhouse size, now I know.
Comment by Updownsideways on Jul 17, 2018 1:46am
Not to mention they might be wanting to grow some pure sativa strains, and pure sativas grow tall and require a lot of energy. Although I’m sure at that point certain grow teqniques to keep height down but yield up would be utilized. Regardless, my point is they might be on to some strain specific grow facility? Isn’t hip trying to market themselves with some proprietary high potenteny strains?