NWKRF - Newstrike: Surviving After The CanniMed/Aurora Fallout
Welcome to our Discover Cannabis series, where we publish in-depth research to introduce new cannabis companies to our coverage.
Overview
Newstrike Brands (otcpk:NWKRF) is another small Canadian cannabis company that became well-known when it was entangled in the infamous hostile takeover of CanniMed by Aurora Cannabis (ACB). Given its exclusive focus on the recreational market, we think the company has an opportunity to carve out a niche market in Canada for its Tragically Up-branded products.
(All amounts in C$ unless otherwise noted)
Business Overview
Newstrike is a Canadian cannabis licensed producer