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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 > Whats driving this
View:
Post by ReitsRus on Jan 11, 2019 11:41am

Whats driving this

Might just break .60 today, Warrants are doing nothing all though!!!
Comment by EagerBeaver1972 on Jan 11, 2019 11:45am
Lottery, expansions, Q4 numbers, .....who knows. May be better outlook for China and US deal, so folks will risk money again
Comment by Partwaythere on Jan 11, 2019 1:04pm
Possibly, but I'm hoping we hear JV announcement with Planet 13 out of Vegas. They're in TO and looking to JV with an Canadian cannabis company. I'm thinking they're waiting on the lottery and who gets what before a commitment is made. Also, may not be HIP, but ACB, etc. Planet 13 is circling the 403/DVP!
Comment by Partwaythere on Jan 11, 2019 1:07pm
https://www.bnnbloomberg.ca/big-las-vegas-pot-retailer-planet-13-seeking-jv-to-expand-into-canada-1.1196537
Comment by quinlash on Jan 11, 2019 1:31pm
HIP would make for a good JV partner, there are a few medium sized LPs out there that would make good JVs also.  I wouldn't bet on this one particular deal happening however i think the odds of HIP partnering, or being bought out, are higher than average..  JMHO