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 > Have We Bottomed?

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Post by retiredcf on Nov 15, 2019 10:09am

Have We Bottomed?

We can toss insults back and forth until the cows come home and it isn't going to improve things. Obviously this merger has been painful but it wasn't helped at all when all the air came out of the MJ sector balloon.

With back to back huge losses from Canopy and Aurora, it's another tough day of sledding in the sector. Despite this, CL is in the green and OH is worth $5.25 based on the new terms.

So we can keep looking back and continue to gnash our teeth or we can accept what has happened and look forward. GLTA

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Comment by BobbyWeedz on Nov 15, 2019 11:03am

Well said

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Comment by pienter on Nov 15, 2019 11:42am

Ret, I agree with that we will have to see this in a few years and make the balance of our actions

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Comment by TeamEddie on Nov 17, 2019 4:50pm

No we have not bottomed on Dec 3rd CL releases 200 million shares and will sell off

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Comment by drbob512 on Nov 18, 2019 2:18am

I wonder if CL might announce a delay in unlocking those shares in 3 or 4 tranches in order to prevent massive selling on Dec 3rd? Or if a lot of the shares to be unlocked have already been sold short in past couple mos. in order to lock in those prices? Wishful thinking perhaps..

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