Newstrike Brands Ltd NWKRF

branding and marketing efforts of $6,320,516

[londonsate]

why and where do they spend ?  wasted money at Yonge and Dundas, wtf

[Sevam123]

You are naive about costs.  These expenses are low.  Expect them to go up and also for revenue to go up next quarter.  This game is about building brand and revenue/market share.  What is costs to do that is not particularly important.  The bigger risk is not spending the money.  You are investing in a branded enterprise not a commodity business

[londonsate]

how low is low here?  ACB or weed makes headline with  all kinds of positivie news. why not invest money on some products?  

[Sevam123]

Building the production facilities are an investment in products that has to happen first.  You can't make things without a place to make them.  This is all happening.  ACB and WEED had a big big head start.  UP is catching up but UP is also a very different play than ACB or WEED.  UP will grow what they need and later I would imagine that as production everywhere

[Ifallo]

This post has been removed in accordance with Community Policy

[londonsate]

I didn't say marketing is wrong. if you are small restaurant owner and spending  way more money  than your income for marketing, is it good idea?  Tim or Mc has postive cash than this one. Marketing just portion of their cap.  Up needs balance. 

[silkroad007]

In a mature business yes, in a growing market and business where teh winner will be brand recognition.. you pu the money there to grow. Do you kow that their is a cost to start a business, a cost to grow a business or do you judge a companies first real finnancials to that of a 40 year company?  Barrier to entry etc.. Common man, your not putting much thought in this.