RE:RE:RE:Gonna be at $10 again in no time... Bluechip2...you misunderstood. I was
critisizing medmen for the manner in which they have rolled out their financing and acquisitions...dillution city. ORIGIN has done a better job at maintaining shareholder value through gradual financing and modest aqcuisitions
that come with revenue.
To address your statement, YES, it did take me a lot of time to analyze the financials of a bunch of my picks, and Origin wins in almost every category, especially when you line it up against other cannabis companies within the same SP range. Bluechip2...Origin bulls on this board are not the only ones preaching the massive potential and excellent financial condition of Origin... https://www.fool.com/investing/2018/11/25/3-top-stocks-under-20.aspx That is just one of many positive articles on Origin / CannaRoyalty, and the guys at the Fool are notoriously bearish on most cannabis plays. If you think I'm wrong,
call me out by actually proving it. Give us your list of companies in better shape than OH in terms of SP against assets and earnings. You say the future is not looking good. Really? The market in just the southern portion of the state of California is larger than the entire Canadian cannabis market, and Cali is only the beinning for OH. No s%&t it's not Canada - companies like this will dwarf companies focusing only on Canada. I totally agree with you there - profit will win, which is why OH is a massive front runner. EVERY company trying to grow in a growing industry will be operating at a loss for the time being. The question is, which ones bring in more revenue while operating at
less of a loss than 95% of the others - Origin House is in that top 5th percentile! I really enjoy constructive debate on these boards, so forget I brought up Medmen Bluechip2. Let's focus on OH. I respectfully disagree with your outlook for the future of OH, but I (we) would like to know
why you feel this way when growth has been exponential and appears to be moving even more so in that direction. The fact that we are operating at a loss - that's par for the course for every company in a new industry...and that's the time when you pick the ones that you know will prove themselves in the future.
My mistake with Medmen was
not doing the proper research and buying into the hype before they announced yet another bought deal...just bad luck. I literally bought in the day before the latest bought deal. Again though, in time, probably months & not years, I'm not at all concerned about Medmen.
They are literally the largest cannabis retailer in the world. It just so happens it cost them a lot of money to get to that point. Retail is where the largest margins will be made in this industry, and that's why I know I'll be ok there,
but in no way was I comparing them to Origin...I was critisizing them for not doing things in a more systematic manner and at a more gradual pace. This is what we get from Origin, hence the better SP with more stability.