CFO buying at Newstrike Brands (HIP)

CFO buying at Newstrike Brands (V:HIP)

Sean Thomas Byrne, CFO, acquired 250,000 Common Shares on a direct ownership basis at prices ranging from $0.438 to $0.450 on December 3rd, 2018. This represents a $110,812 investment into the company's shares and an account share holdings change of greater than 100%.

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.