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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 non-operating investment and The California Operations segment engaged in cultivation, manufacturing, an


CSE:CRZ - Post by User

Comment by BiggLebowskion Oct 02, 2018 12:00pm
83 Views
Post# 28729532

RE:CRZ President says they aim to generate the most revenue

RE:CRZ President says they aim to generate the most revenueThey aren't backing off the projected 100 million run rate exiting 2018, music to my ears. Its hard to figure out what valuation CRZ will have once they hit this goal but It could be multiples higher than todays price.

A comparable we could use is Trulieve, newly listed company that operates in Florida. They are projecting 100 million revenue for 2018 ( actual sales not run rate ) so its in the same ball park as CRZ. They have a complicated share structure but I get close to 100 million shares fully diluted, very small float most shares locked up. Current share price of $21.00 puts market cap at 2.1 bliion. CannaRoyalty market cap is aprox 500 million.... Comparisons like this often don't work out but its an example of the potential upside we have here.
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