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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


CSE:CRZ - Post by User

Post by retiredcfon Nov 19, 2019 10:21am
80 Views
Post# 30369148

Unlocking of Shares

Unlocking of SharesSo how many CL shareholders will now sell their shares beginning on 3 Dec? The answer is those who want to book what is probably a significant tax loss. The only ones who could book even a modest profit would be those who were in right from the beginning. As for everyone else, CL's SP was $9.25 at the end of last year and around $16.00 when the share unlock terms were announced on 28 May. So they have suffered along with us (and everyone else in the sector). If you think that the sector (particularly US based) will mount some kind of a recovery and you think that the prospects of a combined CL/OH company has good potential, then why would you sell at what may turn out to be at or near the bottom?

And once again today, CL is green and OH is red so the spread is now $1.23 which continues to leave me bewildered. GLTA
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