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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

Bullboard (CSE:CRZ)

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Comment by RockMaschineon Apr 01, 2019 6:45pm

RE:RE:RE:Cheaper to buy OH at these prices than CL directly example

It will follow the ratio of 0.842 CL for every OH. So yes there is an arbitrage opportunity here for a few days while people sort through the details and the spread closes. For me I want to watch ...more  
Comment by retiredcfon Apr 01, 2019 6:40pm

RE:RE:RE:Cheaper to buy OH at these prices than CL directly example

Of course you are correct but I'm going to cut Boom some slack as he recently joined SH and has only posted 12 times so is probably new to the markets.  Should be a decent day tomorrow once ...more  
Comment by NedStarkon Apr 01, 2019 6:39pm

RE:Cheaper to buy OH at these prices than CL directly example

OH should be trading at $13.19 right now. An arbitrage opportunity exists.
Comment by NedStarkon Apr 01, 2019 6:34pm

RE:RE:Cheaper to buy OH at these prices than CL directly example

That’s incorrect. This isn’t a cash deal. It’s an all stock deal. The price will fluctuate with CL’s stock price.
Comment by Boomerk9on Apr 01, 2019 6:30pm

RE:Cheaper to buy OH at these prices than CL directly example

the value of your OH share won't exceed 12.68 CAD , based on the agreed upon CL share offering at 15.05 CAD as arranged deal values as of Mar 29 2019.
Comment by NedStarkon Apr 01, 2019 6:29pm

RE:Cheaper to buy OH at these prices than CL directly example

Nope. You are spot on. The market and other investors are the ones missing something...
Post by NedStarkon Apr 01, 2019 6:21pm

CEO Marc Lustig Interview on Bloomberg

https://www.bnnbloomberg.ca/video/u-s-cannabis-market-more-appealing-than-canada-s-origin-house-ceo~1649880
Post by ACBCRZMARIMYMon Apr 01, 2019 6:05pm

Cheaper to buy OH at these prices than CL directly example

At closing CL=15.65 1000 shares of CL would cost me $15 650 At closing OH=11.65 1187 shares of OH would cost me $13 829 (1187 x 0.8428= 1000 shares of CL once deal closes) Already a profit of ...more  
Comment by Tradertimestwoon Apr 01, 2019 4:33pm

RE:RE:RE:Crazy People

TGIF is a good buy. Financials out and may take a dip tomorrow because of slight earnings dip. But in 6 months will have 10x earnings. Low MC . GLTA
Comment by Mike411Ontarioon Apr 01, 2019 4:33pm

RE:RE:RE:RE:Look at the PP Presentation

He continues; What should you do with your shares? Over time, the Cresco Labs-Origin House merger is a powerful one which will send shares higher. So if you haven't already had the opportunity ...more  
Comment by RockMaschineon Apr 01, 2019 4:30pm

RE:RE:Crazy People

If CL continues to move up over the next few weeks being key. I decided over the weekend to sell some today and carried through even though it was hard to do. It is the second time I've taken 100% ...more  
Comment by Mike411Ontarioon Apr 01, 2019 4:26pm

RE:RE:RE:Look at the PP Presentation

Cresco Labs mkt cap according to the MJ Index is $581m and Origin House is listed as $763m But here is some insight from an experianced broker. Cresco is not done after this acquisition, either ...more  
Comment by Tradertimestwoon Apr 01, 2019 4:12pm

RE:RE:Crazy People

And you are talking U.S. price just to be clear. Oh is worth 15.00 CAN easy. Both should go up in SP bein the largest cannabis entity in U.S. now.
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