Company Overview

Company name: Newstrike Resources
Description: Producer and distributor of licensed medical cannabis. The company’s medical cannabis distribution business include importing, exporting and supplying of narcotic drugs, licensed medical marijuana and other related products for medical purposes in USA, enabling physicians to treat serious neurological and inflammatory conditions easily.
Year founded: 2013
Parent company:
Industry: Healthcare | Group: Pharmaceuticals and Biotechnology | Code:
Website: www.newstrike.ca
Employees:
City: Toronto
State: Ontario
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Profitable
Ownership: Publicly Held
Exchange:
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Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
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Financing Status: The company acquired Newstrike Resources (TSX: NR) through a reverse merger, resulting in the combined entity trading on the TSX Stock Exchange under the ticker symbol HIP on May 29, 2017. After the transaction, Newstrike has 364,181,846 shares outstanding and has issued stock options and share purchase warrants to acquire an aggregate of 27,104,746 Newstrike shares at exercise prices ranging from $0.075 to $0.20 per share.
Number of active investors:
Profile last updated: 08-Sep-2018
Last known valuation: 156.10
Last known valuation date: 24-Jan-2018