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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 > One store per LP in Ontario
View:
Post by silkroad007 on Sep 26, 2018 5:59pm

One store per LP in Ontario

Pretty much puts all the selected LP on even playing ground.  Does this basically mean we now have equal opourtunity as WEED etc to get an even share of Ontario.  Pending they can all keep up with demand.
Comment by Hip4Life on Sep 26, 2018 6:02pm
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Comment by silkroad007 on Sep 26, 2018 6:12pm
I picked this info up on the WEED board (they are not happy lol). Not sure where the official release is.  If this is true then this is a major game changer for HIP / Up Cannabis
Comment by StockMonster99 on Sep 26, 2018 6:44pm
This is great news for HIP! UP canabis is a seperate entity and when sold in ISH stores, it is once again removed from the LP. This brings us on even playing field against the bigger LP's, and even ahead depending on how many stores ISH has lined up in Ontario, Canada's biggest market. $$$ Lets see if anyone realizes this tomorrow. My bet is that the SP will remain fairly the same with ...more  
Comment by Hip4Life on Sep 26, 2018 6:54pm
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Comment by thebiz on Sep 26, 2018 8:25pm
https://investingnews.com/daily/resource-investing/agriculture-investing/cannabis-investing/ontario-limit-cannabis-retail-licenses/ I bet this will deflate the bubble a significantly for the big players right now. If this news is written into legislature by tomorrow you better believe this levels the playing field for the little guys like Newstrike. This should be very interesting...
Comment by thebiz on Sep 26, 2018 8:36pm
Legislation, my bad... either way huge news. Great news!
Comment by Stockmoves1 on Sep 27, 2018 9:57am
The funniest thing to me is that people have been criticizing this company for so long. You really only need to know a couple things to be a successful day trader. Read more at https://www.stockhouse.com/companies/bullboard?symbol=v.hip&postid=28697047#qGChuh3zz6mde3iK.99 Im sorry but this is such a lame statement.... your explanation of what you need has ditto to do with day trading.. wow...
Comment by Hip4Life on Sep 27, 2018 9:58am
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Comment by flyboy27 on Sep 27, 2018 10:04am
Thats kinda big news,  put all the pieces together.
Comment by Hip4Life on Sep 27, 2018 10:00am
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Comment by Stockmoves1 on Sep 27, 2018 10:04am
I will accept that in part..... only...
Comment by Stockmoves1 on Sep 27, 2018 10:12am
so 71 as mentioned is first line of support.. next line of support is 66//67 if she fails here....and thats when the nail biting starts....and that as you suggest is when the solid fundamentals hold the stock up.... funny how in spite of fundamentals numbers play such a massive part.... and MM's know it... 
Comment by BUYING4ME on Sep 27, 2018 7:41am
INNER SPIRIT can't buy directly from HIP.  HIP can't supply their own dispensaries.   Ontario made this very clear.  The OCS controls all distribution across Ontario.  HIP could potentially buy only UP products from the OCS, causing the OCS to increase orders from HIP, but margins won't change by having a dispensary.  The LP's margins are set by the ...more