Newstrike Brands Ltd NWKRF

This is how rumors start

[Ggeeman]

Newstrike Brands has signed distribution deals with five provinces and has current production capacity of 12,500 kilograms, which is expected to double by early 2019. Newstrike reported a loss of $8.6 million at the end of the second quarter and has yet to report any revenue since it completed a reverse takeover in June 2017. Canopy Growth Corp. (TSX:WEED), the early leader in cannabis branding, would be a potential fit, especially as rival Aurora Cannabis Inc. (TSX:ACB) continues to make acquisitions.

[girard111]

Aurora was suppose to buy HIP months ago, and the deal fail. https://business.financialpost.com/investing/update-1-canadian-cannabis-firms-cannimed-aurora-newstrike-rise-on-deal-talks

[Ggeeman]

I'm not one to get my hopes up. I don't see why canopy would want to do that , but I would welcome it like that creed song...with arms wide open !

[Ggeeman]

its easy for the mind to trick you .for example i could say or think that Bruce was blasting aurora today on insider professionalism , and maybe that's why wilgar is being super passive against legit M&A questions being asked. This would be my mind reaching , albeit very fun in dreamland

[silkroad007]

Where did you see this? or are you being funny and just starting it?  long day maybe the sarcasm way over my head.

[blinnAF]

This post has been removed in accordance with Community Policy

[blinnAF]

This post has been removed in accordance with Community Policy

[BUYING4ME]

They have 8.5M in storage. Read the investor update, it's in black and white.  That along with 1,000KG is all they need to meet contractual obligations.  1,000KG = 1m grams.  $10 a gram (lol) is $10m.  Congrats on your 18.5m

[BUYING4ME]

Stop lying and read the investor update; At the end of the second quarter, we reported $8.2 million in dried and finished goods cannabis inventory and work in progress biological assets that will yield approximately 1,000 kg of additional cannabis. This will allow us to fulfill initial orders that have already been received from the provinces. Read more at https://www.stockhouse.com

[Weedzilla]

Great post G. Keep up the good work. This will fly. Just a little bit longer... All the pieces are in the right place. All the longs here know the hoops we had to jump through -just to get to the point we are at right now. If we get bought out, -fine but I believe we could hold our own. To all the longs (you know who you are), keep up the great posts and please stop responding to garbage here