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Newstrike Completes $4 Million Convertible Debt Offering

Newstrike Resources (TSXV:HIP) has announced it has issued a secured convertible debenture in the amount of $4 million to a strategic arm’s-length lender.

As quoted in the press release:
The Debenture will mature in three years and bears interest at the rate of 8% per annum, payable quarterly. The Debenture is convertible

Newstrike Subsidiary UP Cannabis Acquires Facility Capable of Adding 12,000kg of Annual Production Capacity

Newstrike Subsidiary UP Cannabis Acquires Facility Capable of Adding 12,000kg of Annual Production Capacity

Newstrike Resources Ltd. (TSX VENTURE:HIP) (“Newstrike” or the “Company”) announces that, its wholly-owned subsidiary, Up Cannabis Inc. (“UP”), has agreed to acquire a modern greenhouse facility along with related equipment, chattels and approximately 16.6 acres of land located in Ontario’s Niagara region (the “Acquisition”) from Westbrook Greenhouses Ltd., for approximately

Newstrike Resources Announces Brand New Partnership

Newstrike Resources Announces Brand New Partnership

Newstrike Resources Ltd. (TSX:NR) has announced a partnership with The Tragically Hip, one of Canada’s most iconic group of artists.

As quoted in the article:

The band members, through controlled companies, are significant investors in Newstrike and active stakeholders in the evolution of the company.

The future is looking up….

Statement from The Tragically

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URL: https://investingnews.com/daily/resource-investing/agriculture-investing/cannabis-investing/cannabis-weekly-roundup/