Post by
ChrusBridge on Dec 01, 2018 8:49pm
IN MY OPINION THE DRUG IS READY
Newstrike (HIP) is a Canadian company with 14,000 square feet of active production facilities that can produce 2,500 kg of marijuana each year, for sales capacity of about $22.5 million annually at a per/kg price of $9,000. They're working on an expansion project that should be online in 2019. Today they have a market valuation of about $200 million https://finance.yahoo.com/news/once-discovered-unknown-marijuana-stock-113000413.html 244.902M as of december 31 3.4 million in sales listed in Q3 update released November 08 2018 which were for the end of September 30 2018 So it looks like we will be waiting till end of January beginning of February for Q4 financials ending December 31. 2018.. Tragically "Hip Butts a wigglin" IN MY OPINION THE DRUG IS READY IMO any drop in this stock would be a signal to buy because value is going t prove a very viable cannabis stock.. And even for longs because more growing space has been added for demand.. And probably by Q4 ending december 31 2019 the numbers will triple or ?? Peace Love no hate like Gord wanted it..