Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by StuinSeaon Apr 07, 2019 5:00pm
111 Views
Post# 29594152

More exposure

More exposureMotley Fool https://www.fool.com/investing/2019/04/07/the-5-largest-marijuana-deals-in-history.aspx
5. Cresco Labs acquires Origin House: $823 million

Last, but certainly not least, earlier this week we received word that vertically integrated multistate operator Cresco Labs (NASDAQOTH:CRLBF) would be purchasing Origin House (NASDAQOTH:ORHOF) for CA$1.1 billion, or about $823 million. As with pretty much all deals of this magnitude, Origin House shareholders are set to receive shares of Cresco Labs, meaning the final value of this transaction could change significantly, depending on how Cresco Labs' stock performs in the weeks and months ahead.

Although Cresco Labs is primarily focused on selling, growing, and processing cannabis in the U.S., the acquisition of Origin House will give it something unique: distribution power. Origin House has been busy acquiring marijuana distributors in California in an effort to secure its place as a vital industry middleman. Only a handful of distribution licenses will be handed out in the Golden State, which makes distribution an especially lucrative niche in the largest legal market in the world.
<< Previous
Bullboard Posts
Next >>