Newstrike Brands Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 41


  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $340K

  • Investors
  • 1

Newstrike Brands General Information


Producer of licensed medical cannabis in Oakville, Ontario. The company's medical cannabis distribution business include importing, exporting and supplying of narcotic drugs, licensed medical marijuana and other related products for medical purposes in USA, enabling physicians to treat serious neurological and inflammatory conditions easily.

Contact Information

Formerly Known As
Hemisphere Pharmaceuticals
Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Corporate Office
  • 390 Bay Street
  • Suite 612
  • Gatineau, Ontario M5H 2Y2
  • Canada

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Newstrike Brands Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 24-May-2019 $340K 00000 Completed Generating Revenue
4. Merger/Acquisition 24-Jan-2018 00000 00000 Cancelled Generating Revenue
3. Reverse Merger 29-May-2017 Completed Generating Revenue
2. Merger/Acquisition 01-Apr-2015 Completed Generating Revenue
1. Early Stage VC Completed Generating Revenue
To view Newstrike Brands’s complete valuation and funding history, request access »

Newstrike Brands Comparisons

HQ Location
Total Raised
Post Valuation
Producer of licensed medical cannabis in Oakville, Ontario. The company's medical cannabis distribution business include
Gatineau, Canada
41 As of 2017
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Aylmer, Canada
000 As of 0000
000000000 000.00

000 00

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Toronto, Canada
00 As of 0000
00.000 0000-00-00
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Newstrike Brands Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Entourage Health Corporation Aylmer, Canada 000 000.00 000000000 000.00
The Flowr Group (Okanagan) Corporate Backed or Acquired Toronto, Canada 00 000000&0
HydRx Venture Capital-Backed Whitby, Canada 0 000.00 00000000000 000.00
Emblem Cannabis Corporate Backed or Acquired Paris, Canada 000 000.00 000000&0 000.00
Phoena Formerly PE-Backed Vaughan, Canada 000 00.000 000000000 00.000
You’re viewing 5 of 8 competitors. Get the full list »

Newstrike Brands Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Newstrike Brands Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Canada Cannabis Corporation Majority 000 0000 000000 0
PowerOne Capital Markets Merchant Banking Firm Minority 000 0000 000000 0
To view Newstrike Brands’s complete investors history, request access »

Newstrike Brands Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
GreenTank 01-Feb-2019 00000 0000 000.00 Other Commercial Products 0000 0000
Cannabis-infused products (Neal Brothers/Newstrike) 11-May-2018 00000 0000 Food Products
Westbrook Greenhouses (Niagara Facility) 27-Jul-2017 000000000 00.000 Buildings and Property 00000 000
Enderlein Nurseries 29-May-2017 0000000000 00.000 Cultivation 000 00000
Newstrike Resources (acquired in 2017) 29-May-2017 Merger/Acquisition Precious Metals and Minerals Mining
To view Newstrike Brands’s complete investments and acquisitions history, request access »

Newstrike Brands Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Enderlein Nurseries 29-May-2017 000000000000000000 00.000 Completed
  • 000000000 000000
To view Newstrike Brands’s complete exits history, request access »

Newstrike Brands FAQs

  • When was Newstrike Brands founded?

    Newstrike Brands was founded in 2013.

  • Who is the founder of Newstrike Brands?

    Jay Wilgar is the founder of Newstrike Brands.

  • Where is Newstrike Brands headquartered?

    Newstrike Brands is headquartered in Gatineau, Canada.

  • What is the size of Newstrike Brands?

    Newstrike Brands has 41 total employees.

  • What industry is Newstrike Brands in?

    Newstrike Brands’s primary industry is Pharmaceuticals.

  • Is Newstrike Brands a private or public company?

    Newstrike Brands is a Private company.

  • What is the current valuation of Newstrike Brands?

    The current valuation of Newstrike Brands is 00000.

  • What is Newstrike Brands’s current revenue?

    The current revenue for Newstrike Brands is 000000.

  • Who are Newstrike Brands’s investors?

    Canada Cannabis and PowerOne Capital Markets have invested in Newstrike Brands.

  • Who are Newstrike Brands’s competitors?

    Entourage Health, The Flowr Group (Okanagan), HydRx, Emblem Cannabis, and Phoena are some of the 8 competitors of Newstrike Brands.

  • When was Newstrike Brands acquired?

    Newstrike Brands was acquired on 24-May-2019.

  • Who acquired Newstrike Brands?

    Newstrike Brands was acquired by HEXO (Distributors/Wholesale).

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