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

Add To Watchlist

CSE:CRZ - Post Discussion

CannaRoyalty Corp > Next quarter revenues of 20+ millions?

View:

Post by Troy23 on Jan 11, 2019 5:48pm

Next quarter revenues of 20+ millions?

Last quarter's 6,6 million in revenue did not include the latest acquisitions of RVR and 180 smoke. 180 smoke had 6,78 million in revenue from January to august which means a minimum of around 3 million for the remaining of 2018. RVR and alta had together USD32 million in annual revenue. All of this makes me think out next quarter's earnings will be north of 20 million for more than 300% quarter to quarter growth

103

Comment

Comment by NedStark on Jan 11, 2019 6:09pm

It did include 1 month of RVR revenues, but that’s it.

Comment

Comment by Tennantk on Jan 12, 2019 6:48am

I don’t think revenue will be that high- 180 hasn’t closed yet and I don’t think it will be on the books. I don’t think the number of dispensaries has increased that much in Cali. I think 10-12 is a realistic number (I would love to be wrong) but I expect the next quarter to be closer to 20... it doesn’t change my view of the company, still one of the strongest out there.

Comment

CannaRoyalty Corp