Newstrike Brands Ltd NWKRF

Thoughts on Inner Spirit Holdings - Concern for HIP ?

[quinlash]

Just throwing this out there to see what everyone thinks... so Inner Spirit just went public this week (symbol ISH) and they are the only big pot franchise in Canada and one of the retailers for HIP.  My concern is that if some agressive company came in (humm.. like maybe Aurora?) and was successful in a takeover bid, what would that mean to HIP?  Is is possible that they could null and void agreements with competing POT growers in favor of their own product?  

I just averaged down HIP this morning and now I'm concerned that a takeover of ISH could pull the rug out from under HIP...


Thoughts ?

[BUYING4ME]

I believe ISH has potential to be bought out, simply from their CEO's previous success of building "Watch It!" franchises across Canada.  They've applied for 22 storefronts, and according to Calgary Herald they may know as early as next week if they get them.  IMO this is positive news for HIP, but I don't know what will happen if Canopy or Aurora decide to go

[TheHuck]

That is a possibility I suppose. Would think given the ownership positions of Auxly and HIP, and there lack of progress to date (no store licenses yet), seems unlikely.  That all could change quickly though with some store announcements.  Bigger concern is this stock performance in general and the obvious manipulation. Some people or groups of people seem to be sending it upwards

[pdcon1]

hard to believe hip is down considering inner spirit deal, the only logical answer is stealing shares on manipulating share price

[quinlash]

The fundamentals on HIP are actually much better than the big players and their SP is under-valued which is not the norm for pot stocks and a very good thing for anyone considering buying in.  You also need to look at the potential % gain (again compared to the big players) and you have to realize that HIP is actually one of the better plays in the market.   I day-traded WEED and