#Cannabis
Stock News: Newstrike (TSX V: $HIP.V) Subsidiary UP Cannabis Acquires Facility
Capable of Adding 12,000kg of Annual Production Capacity
Acquisition
of greenhouse and lands increases potential annual capacity five-fold and
provides further expansion opportunities
TORONTO, ONTARIO - July 13, 2017
(Investorideas.com Newswire) 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
$7.3 million.
Read this news in full at http://www.investorideas.com/news/2017/marijuana/07131HIP.asp
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