CannaRoyalty Corp C.CRZ

Looking for a sell off Monday

[TeamEddie]

Canopy will have multiple down grades

[ThomasJ0000007]

This post has been removed in accordance with Community Policy

[TeamEddie]

Cormark $65 target from $70

[TeamEddie]

Desjardins Keeping a "hold" rating, Mr. Chu dropped his target to $63 from $74 So clearly I was correct 

[Mike411Ontario]

He is correct.

[retiredcf]

I don't think today's action has anything to do with Canopy because at this point, a number of MJ stocks are in the green (eg. CNNX, ENW, GABY, SPR). Interesting that CL is down 1.7% while OH is down 3.2% so the spread is once again back to $3.50. GLTA

[TeamEddie]

people do not expect the deal to close 

[retiredcf]

Even if the deal doesn't close, OH was priced at $11.65 at the time the deal was first announced. Two months later, they released strong earnings (see below). Other than general weakness in the sector, there's no real reason for our current SP and I still find the $3.50+ spread ridiculous. GLTA Origin House Announces Record Quarterly Revenue of $11.2 Million for the First Quarter of 2019;

[TeamEddie]

Cannot compare prices as all plays are down 

[Oldweed]

Agreed, OH is the jewel, any number of large LP's or MSO's would want to aquire this one, Cresco got there 1st. I am confident there is a line up companies hoping the deal doesn't go through, either way the spread is just plain silly created by market weakness and traders. I personally picked up some more today on the weakness. DYOD GLTA.