10:31:04 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Newstrike Resources Ltd
Symbol HIP
Shares Issued 483,539,185
Close 2018-06-11 C$ 0.69
Market Cap C$ 333,642,038
Recent Sedar Documents

Newstrike subsidiary Up Cannabis joins Global Cannabis

2018-06-12 13:42 ET - News Release

Mr. Jay Wilgar reports

UP CANNABIS JOINS GLOBAL CANNABIS PARTNERSHIP AS FOUNDING MEMBER

Newstrike Resources Ltd.'s wholly owned subsidiary and licensed producer, Up Cannabis Inc., has joined the newly formed Global Cannabis Partnership as a founding member, and will contribute to its mandate of creating a worldwide social responsibility standard for the safe and responsible production, distribution, and consumption of legal adult-use cannabis.

The partnership, announced earlier today at the World Cannabis Congress in Saint John, N.B., includes a wide range of stakeholders including government agencies, licensed producers and affiliate organizations that will focus on the legalized cannabis industry. Its mandate will also include a focus on social responsibility standards as they apply to environment, community relations, traceability and accountability, stakeholder engagement, ethics, labour relations, research, and collaboration.

"We are extremely proud to be a founding member of the Global Cannabis Partnership," said Jay Wilgar, chief executive officer of Up Cannabis and Newstrike. "It is critical that we set the bar appropriately at this historic juncture. The formation of the GCP shows that we are collectively up to the task."

About Newstrike Resources Ltd.

Newstrike is the parent company of Up Cannabis, a licensed producer of cannabis that is licensed to both cultivate and sell cannabis in all acceptable forms. Up Cannabis is in turn the parent company of Up Cannabis Niagara Inc. Newstrike, through Up Cannabis and together with select strategic partners, including Canada's iconic musicians The Tragically Hip, is developing a diverse network of high-quality cannabis brands.

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