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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

Post by 7Twiggyon Jan 04, 2020 12:23pm
110 Views
Post# 30518149

Beacon's $24 Cresco price target

Beacon's $24 Cresco price targetBeacon has been involved in Cresco financings, so their $24 target could be viewed as a bit self serving. After looking at the company's last presentation, Beacon may be close. The total market served by Cresco is around 154 million. This includes California at 39.75 million and Illinois at 12.7 million. Canada's total market is 30.6 million. Which puts Cresco's market at over 5x more than those companies operating strictly in Canada. Makes one think of moving some of the money in those companies operating only in Canada to companies like Cresco. GreenThumb is the next one I will start to DD on. If Beacon is right the shares of Cresco could triple in the next year and the warrants could go to 24.00 - 12.50 = 11.50 + some time value for the 2yr time frame still remaining in one year. Bruce Linton may be right that the US market is the place to be.
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