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
Industry: Healthcare | Group: Pharmaceuticals and Biotechnology | Code:
Start up capital raised (USD Million):
Business status: Profitable
Ownership: Publicly Held
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Earnings before interest, tax, depreciation and amortization (EBITDA):
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