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

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CannaRoyalty Corp > Cheaper to buy OH at these prices than CL directly example

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Comment by Tradertimestwoon Apr 01, 2019 8:42pm

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

RockMaschine. They are getting a deal on OH imo. 1.1 billion is cheap considering they will be doubling thier revenue with OH and only increasing MC by 20%.

RockMaschine wrote: 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 from the side for a moment to see how Cresco reacts over the next few days. No immediate financials to value them on as they just went public a few months ago. OH numbers come out soon and will let people form an opinion on whether CL got a good deal in their eyes. 1.1 billion paid and weeks later ~$15 million in revenue reported might sting for some.

What are everone's thoughts on the sector as a whole and the general market? Next 6-8 weeks are going to be interesting.