Travis Theodore Kanellos, a Director, Subsidiary Executive and Deemed Insider, disposed of 258,500 Common Shares on a control or direction basis for registered holder 9580000 Canada Inc. at prices ranging from $0.810 to $0.880 between September 12th and 13th, 2018. This represents a $219,385 divestment of the company's shares and an account share holdings change of -1.1%.
Newstrike Brands is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.
Newstrike Brands Ltd, formerly Newstrike Resources Ltd, is a Canada-based company that is engaged in the cultivation and sale of cannabis in all acceptable forms including dried and fresh marihuana. The Company operates through its subsidiary Up Cannabis Inc. Up Cannabis Inc is a licensed producer of cannabis, which focuses on creating adult use cannabis products. Up Cannabis Inc is in turn the parent company of Up Cannabis Niagara Inc. Newstrike Brands Ltd, through Up Cannabis and together with strategic partners, including Canada's iconic musicians The Tragically Hip, develops a network of cannabis brands. The Company owns licensed production facilities in both Brantford and Niagara Ontario, Canada. The primary facility, located in Brantford, Ontario, Canada has an annual capacity of approximately 2,500 kilograms of cannabis.
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