Travis Theodore Kanellos, a Director, Subsidiary Executive and Deemed Insider, disposed of 212,000 Common Shares on a control or direction basis for registered holder 9580000 Canada Inc. at prices ranging from $1.010 to $1.040 between April 18th and 20th, 2018. This represents a $216,480 divestment of the company's shares and an account share holdings change of -0.9%.
Newstrike Resources is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.
Newstrike Resources Ltd is a Canada-based company, which is primarily engaged in the medical cannabis manufacture. The Company operates as an owner of Up Cannabis Inc., which has a cultivation license for medical cannabis and based in Brantford, Ontario. The Company has in operation approximately 14,000 sq. ft. indoor facility and its production capacity is approximately 3,000 kg of dry cannabis or 1.2M clones per year. The Company's Brantford facility is designed to simulate natural conditions of sunlight, temperature, humidity and wind. Its medical cannabis is prescribed by doctors for their patients for the treatment of side effects during chemotherapy, improvement of appetite for patients with Human immunodeficiency virus infection and acquired immune deficiency syndrome (HIV/AIDS), and reduction of chronic pain and muscle spasms.
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