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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 > GOING TO GET REAL INTERESTING
View:
Post by blobboy on Oct 17, 2018 2:42pm

GOING TO GET REAL INTERESTING

There will be winners and losers, but no real data for a couple of months to figure it all out. Will HIP be one of the BIG winners through their specialized approach to branding and not being too diversified ? We will see Risk On - Risk Off moving forward, expect volatility. When the sales numbers start rolling in there will either be a flock to the exits, or a stampede to the enters. But we all know this don`t we, still speculative. Now watch for investment money to roll in.
Comment by predawn on Oct 17, 2018 2:46pm
over supply will definatly become a big deal and the ones that can produce and sell the cheapest will prevail LOOK at the uSA market its in shambles  $$ wise because of huge over supply systems and they have 330 million people and we have 34 million ;;;
Comment by ElQuatro on Oct 17, 2018 2:55pm
I don't think oversupply will as big a problem as most. The US may have 10 times our population, but it's not legal in all states yet either. I think what we will see over the first year in Canada, will be a lot of mergers and acquisitions. HIP is a prime candidate to either be bought, or to merge with other brands that fit their strategy.
Comment by predawn on Oct 17, 2018 2:58pm
get real there elquatro my man California alone has 5 million more people than all of canada the pot leagl consumers in washington oregon colorado and california  are at 3 times the legalnumbers of  pot consumers in ALL of Canada