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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CSE:CRZ - Post Discussion

CannaRoyalty Corp > Earnings Tomorrow - Nov 28

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Post by BiggLebowski on Nov 27, 2018 12:07pm

Earnings Tomorrow - Nov 28

Well big day tomorrow, we get Q3 earnings at 630am EST followed by a conference call to go over the results. This is the first quarter where we get to see some results from the River acquisition.

I'm guessing we are in the 8-12 million range for the quarter. Q2 was only 3.5 million so I think we will surprise some people with how fast the revenue is ramping up. Who knows how the share price will react but with this kind of growth and tight share structure we will have many green days ahead!

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Comment by stockvet on Nov 27, 2018 4:09pm

Close at 8.26 and now we wait! My revenue guess is in the same range as yours and my faith in the long term growth of this company is just as strong! I'll be curious to see their profit from the ACB shares as well if they sold them back in September, and especially can't wait to listen to the conference call + read the MD&A! Cheers

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Comment by RockMaschine on Nov 27, 2018 4:52pm

Here's a math lesson from Marc back when he delivered the last conference call. "We expect to see a parabolic step change in revenue growth moving into Q3, Q4 and beyond as we integrate FloraCal and River Distribution and continue to drive organic growth through our supporting distribution, manufacturing and value-added service platform" Doubling for the next two to three quarters ...more

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