Nov 17 (Reuters) - Cannimed Therapeutics Inc CMED.TO
* Cannimed to acquire UP Cannabis Inc. (Newstrike Resources Ltd. - TSx-v:HIP) to create a premier global cannabis company
* Cannimed Therapeutics Inc - deal expected to be accretive (before synergies) on key metrics by 2019
* Cannimed Therapeutics - as per agreement, newstrike shareholders will be entitled to receive 0.033 shares of co for each Newstrike common share held
* Cannimed - current cannimed shareholders will own in aggregate about 65 per cent of combined entity
* Cannimed - Newstrike shareholders will in aggregate own about 35 per cent of combined entity
* Cannimed Therapeutics - parties are subject to payment of termination fee of C$5 million by newstrike to co or C$9.5 million by co to newstrike