Tragically Hip backing Newstrike cannabis deal

[ahlam1399]

http://static-global-s-msn-com.akamaized.net/img-resizer/tenant/amp/entityid/AAuBlm9.img?h=100&w=100&m=6&q=60&o=f&l=f&x=348&y=111TORONTO - Newstrike Resources Ltd. says the Tragically Hip is backing the company's deal to be acquired by CanniMed Therapeutics Inc. The band is a creative partner and shareholder in Newstrike, the company (TSXV:HIP) says. In a statement on behalf of the band, guitarist Rob Baker says the combination "will create shareholder value and a formidable force in the Canadian cannabis market for many decades to come." CanniMed (TSX:CMED) struck an friendly ...

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