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 Hip:
“Hello Friends,
We are happy to announce that we have become partners with one of Canada’s newest, soon to be public, licensed producers of medicinal marijuana. The company is called Newstrike and, after much discussion and assessment on our part, we’ve decided that this company- and the many creative people in it- are a perfect fit for The Hip.
Medicinal cannabis is legal in Canada, and it already greatly benefits the health and well being of many of our fellow Canadians.
There is a commitment from the Federal Government to legalize recreational use in just over a year, and with good reason. The harm wrought by the prohibition of marijuana has been thoroughly researched and documented.
This is a common-sense-policy and, in our opinion, is a change for the best.
Newstrike has done its due diligence with respect to all aspects of this business. They’ve hired pre-eminent scientists and growers, developed large, well-structured sites and have the wherewithal and expertise to take this on.

We are excited about our involvement with Newstrike and are looking forward to the prospect of contributing creatively to their efforts.
www.thehip.com


Statement from Newstrike:

“The members of The Tragically Hip are known to a generation of Canadians as artists that have never waivered in their commitment to quality and integrity. As investors, they will apply those same principles to Newstrike. I am proud, humbled and honoured that they chose to partner with and invest in us.” Said CEO Jay Wilgar.
As one of just 45 licensed producers of medical cannabis from Health Canada, Newstrike is uniquely positioned at a time of unprecedented opportunity: Opportunity that will be enhanced by harnessing the artistic and business acumen of the band members in brand development within the government’s evolving regulatory framework.
“With prohibition ending after 93 years we believe that Canadian adult consumers will look toward brands that speak to quality, best in class production and trust. No one knows Canada and Canadians like the members of The Tragically Hip. With their involvement and support Newstrike firmly believes we are developing the brand that adult consumers who choose to use cannabis will turn to.” said Executive Chairman, Scott Kelly.

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Source: www.marketwired.com

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