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Bullboard - Stock Discussion Forum 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... see more

CSE:CRZ - Post Discussion

CannaRoyalty Corp > financial report
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Post by investalot23 on May 29, 2018 7:49am

financial report

I have mixed feeling about report. It is early stages. The big thing i like is 67M in assets and 2.5M in debt. Market cap is 278 M. They are making sales, they have good distribution. They are defineately on par or better than a lot of other MJ companies out there. so still long and strong. The other thing that keeps me hopeful is the low float. As long as it remains low anything is possible
Comment by investalot23 on May 29, 2018 8:17am
this report does not include the record breaking revenue in april of 840,000 for Alta and 2M for RVR both in US currency so with that said i think they are doing quite well if Alta and RVR were not included in the report. I would say you have 3 months to get on this train before it takes off as the next report will be awesome
Comment by Greenbow on May 29, 2018 4:56pm
Not super impressed by the revenue in Q1. Revenue doubled from 300K to 600K even with California leagalization hitting. CNNRF should have been primed to skyrocket after California legalized. Also, the continuing dilution of shares is a major bummer too - they went from 43M outsanding to 46M outstanding. AND they're paying over $3M in general and administrative costs a QUARTER. Crazy to me. I& ...more  
Comment by INVSTIGAT0R on May 29, 2018 5:14pm
We have a very low float and you're complaining about dilution? Assests are huge and we're going to go from 600k a quarter to about 5-10 million a quarter very soon. By early next year probably pulling 20 mil a quarter.
Comment by RockMaschine on May 29, 2018 5:37pm
Here they come, people who were not around for the last few months who understand what seeds are being planted for future growth. Still clinging to Canadian companies yet to even come close to justifying their lofty valuations. Everyone keep an eye to user names that have been registered within days or weeks, with little to no post history. I think with this small consolidation we will be seeing ...more  
Comment by investalot23 on May 29, 2018 8:25pm
Just reviewing the conference call. Thats 50M US if only w e can replicate 2017 this company is steal at 270 Market cap "Over the past five months, we have announced the acquisition of substantial revenue generating Canada’s operators including distributors Alta and River that generated US$31.9 million in revenue in 2017. Also Kaya produced US$8 million in revenue in 2017 including the ...more  
Comment by RockMaschine on May 29, 2018 8:58pm
Here is a nice gem from the MD&A. Product sales under revenues were "only" $84 000. Check out the details. Historically, product sales have been mostly attributable to the sale of CannaRoyalty’s wholly owned brands of GreenRock Botanicals vape cartridges and Soul Sugar Kitchen edibles. For the three-month period ended March 31, 2018, the Company’s product sales were driven ...more  
Comment by RockMaschine on Aug 22, 2018 8:46pm
Boom
Comment by Greenbow on May 30, 2018 2:02pm
Numbers pulled completely out of your rear end. Please show me the path to 20 million a quarter in less than a year.  I admit I sold out of this company during the January rush after holding for more than a year. I'm still watching it to see what kind of moves they make, but this stock has been hyped to kingdom come. And after a full quarter of Cali legalization they only add an extra ...more  
Comment by INVSTIGAT0R on May 30, 2018 2:53pm
No actually they're not. Out of the companies we have acquired or are in the process of acquiring we're looking at about 12.5 million per quarter assuming zero growth over 2017 numbers. So I'm factoring in some growth in our investments and likely more acquisitions/expansions before early next year so 20 million per quarter is possible in quarter 2 of 2019. If you're unimpressed ...more  
Comment by BiggLebowski on May 30, 2018 3:35pm
50 million is actually low end for the numbers we can expect. During the earnings conference call Mark Lustig mentions that the companies internal goal is to have 100 million cdn run rate exiting 2018. Its not far fetched at all when you add up the revenue of all the acquisitions and factor in some growth.
Comment by RockMaschine on May 30, 2018 4:11pm
I don't want to come down are on the new guy, he is still green, but he has all the markings of a basher at least from the 4 posts he has made since creating his account this month. Please do us all a favour, head over to SEDAR and read cover to cover the whole MD&A, it is all right there for you. But I like reading it again myself so here are some choice nuggets. The integration of Alta ...more  
Comment by NedStark on May 30, 2018 6:38pm
CannaRoyalty is the least bashable company in the entire industry at its current valuation. It is laughable if someone tries to bash this stock.
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