FOCUSED ON GROWTH

Newstrike is focused on growth; growing top quality cannabis, market share for its Up brand and shareholder value.

Our mission is to become a leader in adult-use cannabis. Backed by best-in-class production practices, it is our determined commitment to quality that will help us build and maintain a leadership position in Canada’s burgeoning cannabis market.

FOCUSED ON GROWTH

Newstrike is focused on growth; growing top quality cannabis, market share for its Up brand and shareholder value.

Our mission is to become a leader in adult-use cannabis. Backed by best-in-class production practices, it is our determined commitment to quality that will help us build and maintain a leadership position in Canada’s burgeoning cannabis market.

ABOUT NEWSTRIKE

Newstrike is a publicly traded company (TSX:V-HIP) and the owner of Up Cannabis Inc. Up Cannabis Inc. is licensed to both cultivate and sell cannabis in all acceptable forms including dried and fresh marijuana. Newstrike is currently headquartered in Ontario with offices in Toronto and Oakville.

ABOUT NEWSTRIKE

Newstrike is a publicly traded company (TSX:V-HIP) and the owner of Up Cannabis Inc. Up Cannabis Inc. is licensed to both cultivate and sell cannabis in all acceptable forms including dried and fresh marijuana. Newstrike is currently headquartered in Ontario with offices in Toronto and Oakville.

ABOUT UP CANNABIS

Up Cannabis is focused on creating quality adult use cannabis products. United by our belief in the power of music and our commitment to responsibility, we really believe the future is looking Up.

ABOUT UP CANNABIS

Up Cannabis is focused on creating quality adult use cannabis products. United by our belief in the power of music and our commitment to responsibility, we really believe the future is looking Up.

PORTFOLIO

Like a great song stuck in your head, we want the Up Cannabis brand to resonate with every Canadian. That’s why we partnered and work closely with one of Canada’s most iconic bands, The Tragically Hip and the Feldman Agency, a leader in Canadian musical talent.

PORTFOLIO

Like a great song stuck in your head, we want the Up Cannabis brand to resonate with every Canadian. That’s why we partnered and work closely with one of Canada’s most iconic bands, The Tragically Hip and the Feldman Agency, a leader in Canadian musical talent.

PRODUCTION FACILITIES

Newstrike owns licensed production facilities in both Brantford and Niagara Ontario.

The primary facility, located in Brantford, Ontario, has an annual capacity of approximately 2,500 kg of cannabis.

The automated 200,000 sq. ft. Niagara Facility, located in the town of Lincoln, is currently undergoing a two-phase retrofit with the construction of expanded growing and processing space expected to be complete before the end of 2018. Current production capacity of 12,500 kg of cannabis will rise to approximately 25,000 kg upon completion of Phase II scheduled for early 2019.

PRODUCTION FACILITIES

Newstrike owns licensed production facilities in both Brantford and Niagara Ontario.

The primary facility, located in Brantford, Ontario, has an annual capacity of approximately 2,500 kg of cannabis.

The automated 200,000 sq. ft. Niagara Facility, located in the town of Lincoln, is currently undergoing a two-phase retrofit with the construction of expanded growing and processing space expected to be complete before the end of 2018. Current production capacity of 12,500 kg of cannabis will rise to approximately 25,000 kg upon completion of Phase II scheduled for early 2019.

EXPERIENCED LEADERSHIP

EXECUTIVE TEAM

Jay Wilgar, CEO and Director: Jay Wilgar is a seasoned entrepreneur with a proven track record of building value for investors in emerging, highly regulated industries. Prior to becoming CEO of Newstrike, Jay founded, commercialized and successfully sold one of Ontario’s largest renewable energy development firms – AIM PowerGen.

Jay holds a BComm from Wilfrid Laurier University.

Kevin Epp, Chief Operating Officer: Kevin Epp is a seasoned operations executive with over two decades of experience in operations’ management and management consulting with McKinsey & Co., Union Gas, Reckitt Benckiser, Weston and CPI Plastics Group Ltd. As the Director of Operations for CPI Plastics Group Ltd., Kevin was responsible for the manufacturing of over $200 million of products across six manufacturing facilities and over 1,000 direct and indirect reports in both Canada and the US.

Kevin holds a BBA from Wilfrid Laurier University and a BASC from the University of Waterloo.

Jennifer Maccarone, Chief Quality Officer and VP, Regulatory and Governmental Affairs: Jennifer Maccarone is a regulatory and quality-assurance specialist with over a decade of significant compliance experience in the drug, natural health product, medical device and medical cannabis sectors. Jennifer is particularly proud of having a 100% compliance rating in more than 100 separate Health Canada audits – a track record unmatched in the industry.

Jennifer holds a BSc from Laurentian University, specialty post-graduate degrees from the Academy of Applied Pharmaceutical Sciences and is an accredited ISO auditor.

Jason Redman, Chief Financial Officer: Jason Redman brings a broad range of skills in operations and financial management built over a career spanning more than 20 years. Most recently he served as Chief Financial Officer for Sirius XM Canada where he was instrumental in completing the organization's recapitalization go-private transaction.

Jason is a Canadian Chartered Accountant, Chartered Professional Accountant, and a U.S. Certified Public Accountant-Delaware. He holds a Masters of Accounting degree from the University of Waterloo and a Masters of Business Administration from the Kellogg School of Management - Northwestern University. Jason is the recipient of the Governor General of Canada Medal and serves as an active member of the Young Presidents' Organization - Toronto Chapter.

Ruth Chun, General Counsel: Ruth Chun is a proven executive with global experience in corporate law. Previously a Director of Africa’s largest law firm, Ruth has also worked with major legal firms in Canada, and the United Kingdom. She has held executive and board positions in the financial services sector. She is admitted to legal practice in Ontario, New York and Namibia.

Ruth holds a BA (Hons) and an MA from the University of Toronto, as well as a Juris Doctor from Queen’s University.

BOARD OF DIRECTORS

Steve Smith, Lead Director: Steve Smith, CPA, CA, has served on the Board of Directors, Audit Committee and the Executive Committee for CST Brands (NASDAQ: CST), (recently acquired by Couche-Tard), was recently an Advisory Board member of Jackman Reinvention Inc., a brand strategy consultancy in Toronto and is a member of the Board, and Chair of the Finance and Audit Committees, for the Metro Toronto Convention Centre. His Executive experience includes serving as an Executive Vice President with the Loblaw Companies Ltd. and CFO, later Co-CEO of Cara Operations Ltd.

Steve holds a Bachelor of Commerce from the University of Toronto and is a member of the Charter Professional Accountants of Ontario.

Jay Wilgar: Jay Wilgar is a seasoned entrepreneur with a proven track record of building value for investors in emerging, highly regulated industries. Prior to becoming CEO of Newstrike, Jay founded, commercialized and successfully sold one of Ontario’s largest renewable energy development firms – AIM PowerGen.

Jay holds a BComm from Wilfrid Laurier University.

Liam Scott:  Liam Scott founded LSI in 1999. LSI leads organizations and individuals through the development and execution of effective internal and external communications, including brand development, sales effectiveness, product launches, employee engagement, and training. Prior to founding LSI, Mr. Scott was a Creative Director at a Toronto-based marketing agency, and was a Special Assistant to the Premier of Ontario, focused on Speechwriting and Issues Management.

Liam holds a BA from Queen’s University.

Peter Hwang: Peter Hwang is the President and co-founder of Globalfaces Direct Inc., a direct marketing, software and data analytics company serving some of the largest not for profit clients in the world. Since the inception of Globalfaces, Peter has been responsible for the strategic direction of the organization, including finance, partnerships and corporate development. Previously, Peter co-founded asset based financing firm Easylease Corp and energy retrofit provider EnWise Holdings.

Peter holds a Bachelor of Arts degree from Wilfrid Laurier University.

Nik Van Haeren: Nik Van Haeren is the President of Enerworks Solar Heating and Cooling and Uvalux Tanning & Support, a manufacturer of solar heating equipment and large-scale energy efficient HVAC systems, and Uvalux, Canada’s largest supplier of tanning equipment, products and services to the salon industry.

Nik holds a Bachelors Degree from Western University and is a graduate from the Entrepreneurial Masters Program at MIT.

Brett Whalen: Brett Whalen is currently a Vice President and Portfolio Manager at Goodman Investment Counsel, a wholly-owned division of Dundee Corporation. Brett is also President and CEO of the CMP Group of companies, providing capital to the resource sectors in Canada. He has a wealth of investment banking experience earned through senior positions with Dundee Capital Markets and Clarus Securities Inc. Brett graduated in 1998 with an Honours B.A. in Economics from Wilfrid Laurier University and in 2001 he received his Chartered Financial Analyst designation.

ADVISORY BOARD

Scott Kelly: Scott Kelly served as a Director of Newstrike from 2013 to 2018. He also served as CEO of the company from September 2015 to May 2017 and as Executive Chairman until April 2018 when he stepped off the board to chair the advisory board and serve as a special advisor to the CEO.

Brian Jahns: Dr. Brian E. Jahns is an accomplished business leader with robust and progressive experience in the biopharmaceutical industry. Brian joined Roche Canada in 1998, fulfilling various medical, marketing, and sales leadership roles. There, he provided the strategic framework that allowed brands to exceed expectations.

Dr Jahns earned a BSc from the University of Western Ontario; a BPharm from Wayne State; a Pharm,D from Wayne State and is a graduate of the Queen’s University Executive Program.

Mike Egli: Mike Egli is a recognized commercial leader in Canada, having managed many portfolios with over 20 product launches, including Schering’s “Claritin.” For the last 10 years, Mike’s roles have been in senior management positions with public companies, as Managing Director for Nycomed Pharma in The Netherlands and as President & CEO of Takeda in Canada.

Mike holds a BA from Guelph University.

Jeff Craib: As a 25+ year music industry veteran, Jeff Craib has significantly contributed to the scope of entertainment people listen to - and support - at live concerts domestically and internationally. As President of The Feldman Agency (TFA) he leads a globally recognized, award-winning corporation. With more than 3000 shows annually, TFA represents an exclusive client base of more than 250 recording artists covering all genres of music. With a keen eye for branding and marketing, Jeff has overseen the growth of TFA offerings into special events, corporate relations, and new initiatives for collaboration in corporate strategy and content. He is often requested to comment on a variety of industry issues, is an active member on the CARAS board, and remains a passionate advocate for music and entertainment.

Dr. Chris Andrews: Dr. Andrews is a consultant gastroenterologist at Foothills Hospital, Associate Clinical Professor in the division of Gastroenterology at the University of Calgary, and Director of the Calgary Gut Motility Clinic, the largest such clinic in Canada. Dr. Andrews’ clinical and research interests focus on the diagnosis and management of gut motility disorders (including gastroparesis, dyspepsia, and irritable bowel syndrome) and device development in these fields. He has numerous publications and two patents. He is a Director of M Pharma, Inc.

Bernie Breen: Bernie Breen has honed his talents and built a solid reputation as a business savvy, artist-friendly, and knowledgeable artist manager. He has handled the careers of many talented artists. Working with a range of both established and budding artists, Bernie’s current roster includes: The Tragically Hip (co-managed with Patrick Sambrook), Matthew Good, actor/musician Hugh Dillon, Headstones, producer/Blue Rodeo member Colin Cripps. Bernie is a Juno and CSA award winner. He graduated with honours from the Harris Institute for the Arts (HIA). 

Patrick Sambrook: Patrick Sambrook’s career in the entertainment industry began in the early 1990’s. He started as a promoter, working secondary markets. Artist management started in a natural and organic way, with each opportunity building on the next. Patrick has built and shaped the careers of various leaders in the Canadian independent music community, including Sarah Harmer and Kathleen Edwards. Patrick’s clients have played on the biggest of world stages, like Glastonbury, SARStock, Farm Aid and numerous late night performances including Late Night with David Letterman and The Tonight Show. In 2006, Patrick partnered with Bernie Breen Management to jointly manage The Tragically Hip.

David D'Onofrio: David D’Onofrio is a Chartered Accountant with over 10 years working experience in public accounting. During this time, David practised in both audit and taxation advisory roles with a significant focus on small to mid-cap businesses in the mining, energy and technology sectors.

David is a graduate of the Schulich School of Business, a Chartered Accountant, holds a Masters of Taxation Degree from the University of Waterloo and is a member of the Institute of Corporate Directors.

Joan Chypyha: Joan Chypyha has more than 25 years of experience in the pharmaceutical industry holding various senior management positions with an emphasis on marketing, sales and business development, with more than twenty licensing deals and product launches to her credit. In her career, Ms. Chypyha spent 16 years at Hoffmann-La Roche in progressively senior marketing positions; Chief Business-Development Officer at Rhei Pharmaceuticals Ltd.; Vice President of Corporate Development and General Manager of Barrier Therapeutics Canada Inc.; Founder of Alto Pharmaceuticals Ltd, and most recently President and General Manager of Cipher Pharmaceuticals (Canada). Joan earned a BSc from University of Toronto and an Executive MBA from Queen’s University.

NEWS & PRESS RELEASES

September 28, 2018
Newstrike Announces Stock Option Grant
READ MORE

September 27, 2018
Up Cannabis Supplies First Cannabis Clones to Niagara College's Commercial Cannabis Production Program
READ MORE

September 26, 2018
Up Cannabis and Green Tank Technologies Partner on Vaporization Hardware
READ MORE

September 24, 2018
Up Cannabis Signs Supply Agreement with MediPharm Labs for Extraction
READ MORE

September 18, 2018
Up Cannabis Completes Historic First Shipment of Adult-Use Cannabis
READ MORE

September 14, 2018
Newstrike's Up Cannabis Inc. Receives Sales Licence Amendment from Health Canada to Commence Sales of Brantford Cultivated Product From its Niagara Facility
READ MORE

September 13, 2018
Newstrike CEO Update to Shareholders
READ MORE

September 12, 2018
Up Cannabis Selected to Supply Saskatchewan Cannabis Retailers
READ MORE

September 11, 2018
Newstrike Graduates to Tier 1 Listing on the TSX Venture Exchange
READ MORE

August 24, 2018
Up Cannabis Announces Supply Agreement with Nova Scotia Liquor Corporation
READ MORE

August 21, 2018
Up Cannabis Named Official Supplier to the Ontario Cannabis Store
READ MORE

August 13, 2018
Up Cannabis Supports Ontario’s Move to a Private Retail Model for Cannabis Sales
READ MORE

August 9, 2018
Newstrike Brands Ltd. Announces Second Quarter 2018 Results
READ MORE

July 31, 2018
Newstrike Announces Closing of Transaction and Execution of Strategic Alliance Agreement With Inner Spirit Holdings
READ MORE

July 30, 2018
Newstrike Retains LodeRock Advisors for Investor Relations
READ MORE

July 12, 2018
Up Cannabis Announces Memorandum of Understanding with British Columbia Liquor Distribution Branch (BCLDB)
READ MORE

July 09, 2018
Newstrike Announces Appointment of Chief Commercial Officer, Rebranding and Grant of Stock Options
READ MORE

July 05, 2018
Up Cannabis Announces Definitive Supply Agreement with Alberta Gaming, Liquor & Cannabis Commission (AGLC)
READ MORE

July 04, 2018
The Up Cannabis "Update": July 2018
READ MORE

June 19, 2018
Newstrike Completes Previously Announced $51.75 Million Bought Deal Financing
READ MORE

June 13, 2018
Newstrike Announces the Filing of its Final Prospectus
READ MORE

June 12, 2018
Up Cannabis Joins Global Cannabis Partnership as Founding Member
READ MORE

May 28, 2018
Newstrike Resources Ltd. Announces First Quarter 2018 Results
READ MORE

May 28, 2018
Newstrike Resources Ltd. Announces the Sale of Subsidiary Enderlein Nurseries Ltd.
READ MORE

May 24, 2018
Newstrike Resources Ltd. Announces $40 Million Bought Deal Public Offering
READ MORE

May 23, 2018
Newstrike to Make Strategic Investment in Retail Distribution
READ MORE

May 16, 2018
Up Cannabis and Unison Benevolent Fund Announce Major Music Industry Support
READ MORE (EN)
LIRE LA SUITE (FR)

May 08, 2018
Newstrike Announces Appointment of New Chief Financial Officer
READ MORE

May 1, 2018
Up Cannabis Boosts Sales and Marketing Teams with Veteran Hires including VP Marketing and VP Sales
READ MORE (EN)
LIRE LA SUITE (FR)

View Older Entries...

NEWS & PRESS RELEASES

April 30, 2018
Newstrike Board Enhanced by Addition of Stephen A. Smith, CPA, CA
READ MORE

April 26, 2018
Newstrike Provides Corporate Update - Issues results for 12-months ended December 31, 2017
READ MORE

April 2, 2018
Up Cannabis’ Niagara Facility Licensed for Cultivation
READ MORE

February 27, 2018
The Newstrike February Update
READ MORE

February 22, 2018
Newstrike Closes Over-Allotment Option and Advances Licensing of Niagara Facility - Total proceeds of Bought-Deal financing increased to over $92 million
READ MORE

February 20, 2018
Newstrike Announces Exercise of Over-Allotment Option - Increases gross proceeds of recent bought deal financing to over $92 million
READ MORE

February 16, 2018
Newstrike Completes Previously Announced $80 Million Bought Deal Financing
READ MORE

February 14, 2018
Newstrike Expands Board with Appointment of Seasoned Capital Markets Professional
READ MORE

January 24, 2018
Newstrike Resources Ltd. Announces $50 Million Bought Deal Financing
READ MORE

January 24, 2018
Newstrike Resources Ltd. Announces Upsize of Previously Announced Bought Deal Financing to $80 million
READ MORE

January 24, 2018
Newstrike to Receive $14.1 Million and Strengthen Balance Sheet with Debt Conversion Following Termination of Arrangement Agreement
READ MORE

January 18, 2018
Newstrike Resources Ltd. Consents to Postponement of CanniMed Therapeutics’
Special Shareholders’ Meeting
READ MORE

January 17, 2018
Newstrike Announces Shareholder Approval of Plan of Arrangement with CanniMed
READ MORE

January 13, 2018
Advisory firm ISS backs CanniMed bid for Newstrike
READ MORE

January 12, 2018
The Tragically Hip Supports CMED & HIP Combination
READ MORE

January 11, 2018
Newstrike’s Up Cannabis Enters Into Exclusive Partnership with Canada's Leading Entertainment Group The Feldman Agency
READ MORE

January 9, 2018
Up Cannabis Receives Approval to Double Production Capacity of Niagara Facility
READ MORE

January 5, 2018
Newstrike's Up Cannabis Inc. Receives Health Canada Approval for Amendment to its Producer's License for Sales
READ MORE

January 2, 2018
CanniMed Therapeutics Inc. and Up Cannabis Inc. (Wholly-Owned Licensed Producer of Newstrike Resources Ltd.) Enter Definitive Supply Agreement for Medical Cannabis
READ MORE

December 18, 2017
Up Cannabis Bolsters Sales & Marketing Team with Addition of Jean Richer
READ MORE (EN)
LIRE LA SUITE (FR)

December 18, 2017
Horizons ETFs Expands the Portfolio of its Marijuana-Focused ETF
READ MORE

November 27, 2017
Newstrike Reiterates Benefits of Proposed CanniMed Transaction
READ MORE

November 17, 2017
CanniMed to Acquire Up Cannabis Inc. (Newstrike Resources Ltd. – TSX-V:HIP) to Create a Premier Global Cannabis Company
READ MORE

October 5, 2017
Canada's Licenced Producers of Medical Cannabis Form Retail Cooperative: Canadian Cannabis Co-op will provide investment, jobs and safe, regulated cannabis to Alberta and beyond
READ MORE

October 4, 2017
Newstrike CEO Jay Wilgar talks about cannabis and our investment in Lincoln
READ MORE

October 2, 2017
Newstrike Completes $4 Million Convertible Debt Offering
READ MORE

September 7, 2017
Newstrike Releases Interim Financial Results for Period Ended June 30, 2017
READ MORE

August 1, 2017
Newstrike Subsidiary UP Cannabis Completes Acquisition of Facility Capable of Adding 12,000kg of Annual Production Capacity
READ MORE

August 1, 2017
Cannabis company has growth plans
READ MORE

July 21, 2017
Medical marijuana company buys a Westbrook Greenhouse for $7.3M
READ MORE

July 17, 2017
Newstrike Subsidiary Up Cannabis Inc. Receives Approval for Unrestricted Production
READ MORE

July 13, 2017
Newstrike Subsidiary UP Cannabis Acquires Facility Capable of Adding 12,000kg of Annual Production Capacity
READ MORE

July 11, 2017
The Tragically Hip among investors building new medical marijuana facility in Dufferin County
READ MORE

July 4, 2017
Newstrike Resources Ltd. Opens the Market
READ MORE

May 30, 2017
Newstrike Resources Ltd. announces a partnership with one of Canada’s most iconic group of artists, the members of the band, The Tragically Hip.
READ MORE

May 29, 2017
Newstrike Resources Ltd. and HPI Holdings Ltd. Complete Business Combination
READ MORE

April 25, 2017
Newstrike Joins Cannabis Canada:
READ MORE

April 20, 2017
Newstrike Elected to Cannabis Canada Board:
READ MORE

April 04, 2017
Good Things Grow here in Ontario:
READ MORE

February 8, 2017
Newstrike Resources Ltd. Enters into Agreement with HPI Holdings Ltd. to Complete Business Combination and Concurrent Financing Transactions
READ MORE

Financials

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2018: FS - MD&A

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2018: Q1 Financial Statements - Q1 MD&A - CEO CERTIFICATION - CFO CERTIFICATION

CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016: FS - MD&A

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2017: FS - MD&A

CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2017: FS - MD&A

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Head Office

390 Bay Street,
Suite 612,
Toronto, Ontario
M5H 2Y2

Newstrike Investor Relations

ir@newstrike.ca
1-877-541-9151

 

CONTACT

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Head Office

390 Bay Street
Suite 612
Toronto, Ontario
M5H 2Y2

Newstrike Investor Relations

ir@newstrike.ca
1-877-541-9151