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

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CannaRoyalty Corp > Thoughts on how much OH might be worth?

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Post by Druckenmiller on Nov 05, 2018 3:48pm

Thoughts on how much OH might be worth?

1 billion market cap might be conservative when compared to Canopy's revenues which would potentially put us at $20 if no money is raised and cannabis market remains strong. Curious if any of my fellow longs out there think the number could be much greater and what your reasoning is.

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Comment by RockMaschine on Nov 05, 2018 4:49pm

$20 in the next year or so is completely reasonable. Look at the stair step pattern over the past fews days. Some profit is taken and new buyers step right in. The results of the election will be interesting. It feels like a lot of this could be speculation on the outcome. The number that gets thrown around is $7 or so billion as the potential value of the California market. Origin House may or ...more

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Comment by Druckenmiller on Nov 05, 2018 5:02pm

Now what if you start factoring in OH spreading their California brands beyond the state's borders? This is where I begin to imagine a much larger market cap. Remember, if one brand takes off, that in itself could be worth billions. Just take some time on google and search your favorite alcohol brands and how much they sold for. Patron is one of the most recent that comes to mind.

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