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Bullboard - Stock Discussion Forum 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... see more

CSE:CRZ - Post Discussion

CannaRoyalty Corp > Response from Afzal regarding RVR delay.
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Post by Druckenmiller on Jul 26, 2018 9:35am

Response from Afzal regarding RVR delay.

https://twitter.com/CannaRoyaltyCo/status/1021352855230386177?s=19 Afzal Hasan (@afzalutely) tweeted at 9:17 AM on Wed, Jul 25, 2018: Transactional paperwork and diligence always take time away from a business. With the historic transition of the California market on July 1, weve focused both Alta and River on seizing the market opportunity, which comes with some collateral delay on the timing of close. (https://twitter.com/afzalutely/status/1022138873772560384?s=03)
Comment by MoneyShot19 on Jul 26, 2018 1:41pm
And next financials are out late August? Is that right? Do we still expect to see Alta and River #'s included in these?
Comment by RockMaschine on Jul 26, 2018 3:59pm
My understanding is no, we will not. So you get a few more months to accumulate below $6. Now we could very well get scooped up in any exuberence leading into Canadian legalisaton. This was all discussed in the most recent conference call after earnings back at the end of May. Mark and Afzal alluded to the fact that Kaya and their manufacturing arm were disrupted during the course of merging all ...more  
Comment by MoneyShot19 on Jul 26, 2018 4:53pm
Thanks for the input Rock. I did listen in on part of the earnings call in May but didn't catch that.  And I agree, tough to know when the run will start with legalization in Oct and earnings in Nov. Hoping to get a bit of a run from APH in the near future then funnel some of that into more CRZ. Sooner the better so i don't miss out on these bargain prices!
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