CannaRoyalty Corp C.CRZ

Origin House is a growing cannabis product and brands company operating across key markets in the U.S. and Canada. The company delivers over 130 branded cannabis products to the licensed dispensaries. It provides distribution, manufacturing, cultivation and marketing services for its brand partners. The company operates through two operating segments, The Corporate segment derives income from non-operating investment and The California Operations segment engaged in cultivation, manufacturing, an

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CannaRoyalty Corp > Anyone else wondering about the big CL bids at 16$?

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Comment by stockveton May 10, 2019 8:06pm

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RE:RE:RE:RE:RE:Anyone else wondering about the big CL bids at 16$?

Yeah I noticed that 100k$ buy as well, good vote of confidence no doubt!

And I remember CWEB yeah, the magnitude wasn't as great as CL (230M unlock on 21M currently trading), but indeed anything could happen. What also tends to happen is people who get their shares converted 1st sell them to take the profit and often the buying company's shares fall on the short term after.

Anyways, just throwing information out there, people can take it how they like of course. I will be patient for now!

RockMaschine wrote: Also check SEDI filings on CEO.ca. Looks like a director Gerald Corcoran bought $100 000 worth of shares in the open market around $17.

Any share unlock with little price action could be telling. A similar thing was supposed to happen with CWEB but it didn't move much. Now look at the shares changing hands for $20, lower than previous SP, yes, bu all bought up willingly at that price.