CannaRoyalty Corp C.CRZ

Medmen IPO

[Cannabis1]

Wait until The Med men ipo comes out in a few weeks...supposedly valued at 1.5b ! It will skyrocket Crz! Probably one of the reasons the stock is already moving.

[INVSTIGAT0R]

Even with all the recent gains we're still undervalued compared to alot of our peers. I see us hitting $10 sooner than we think. I'm keeping my 1 year price target of $20.

[WannaBeFatCat]

This post has been removed in accordance with Community Policy

[Futureisbright]

With the small float of shares with this company, $10 is very close.....however, an explosive uptrend is bound to happen very soon.....too many positives going on in the background!!!! I'm ready for the launch....

[Yaasun]

Can you elaborate what med men relation to crz. Please and thanks J

[INVSTIGAT0R]

It is related because having an IPO at 1.5 billion in relation to how much revenue they're expecting makes the other companies like CRZ and IAN rise up to similar multiples to even the playing field.

[Mattheus]

Also greater exposure in general......here's a portion of January 2 press release where MedMen are mentioned as a purchaser of products Dave Vautrin, President of CR Brands, added, “It is still early days, but we are very pleased with the uptake of our Soul Sugar Kitchen™ and GreenRock Botanicals™ lines, which have been picked up by 95 and 35 dispensaries so far, respectively. SSK has been in

[bmaw604]

how is it valued so much higher than MPX/crz/Ian??

[INVSTIGAT0R]

It's a name brand surrounded with hype. People will realize that IAN, CRZ and MPX are undervalued in comparison and we will rise. Only other scenario is we stay the same and MedMen drops after the IPO.

[investalot23]

i predict a buyout from medmen. They have alot of hype and name recognition. But with a low float and high revenue potential from deals CRZ has signed, they are ripe for the picking. I would predict a buyout within 2 years. I am holding long. In all the hype around MJ companies there is usually 30%+ premium when buy outs occur too. 

[INVSTIGAT0R]

I hope we don't get bought out until at least 2 years from now. Buyout price would have to be minimum $30 by then since we'll likely be above $20.

[RockMaschine]

River and Alta are distributors. They are higher up the value chain than MedMen which operates retail locations. In fact there is a news release that mentions MedMen making a large order from River. Cannaroyalty has greater potential with the brands they own and those that are sold through their distribution to retail. Right now the MedMan Apple style retail experience is cool, but the market is

[Shername]

https://equity.guru/2018/05/28/medmen-goes-public-tuesday-three-executives-will-make-money-deal/