CannaRoyalty Corp C.CRZ

Some euphoria in the doldrums

[Benedictus]

CRZ's Aurora holdings up over 20% this morning based on the below news, which has ignited the sector. the Aurora chart looks awful even with today's rally. Hopefully CRZ is able to dispose of its ACB shares during this euphoria! 

https://www.globenewswire.com/news-release/2018/08/15/1552199/0/en/Constellation-Brands-to-Invest-5-Billion-CAD-4-Billion-USD-in-Canopy-Growth-to-Establish-Transformative-Global-Position-and-Alignment.html

[Benedictus]

I'm really surprised CRZ is only up modestly based on the below snippets from the previously mentioned article. CRZ's market cap is a joke compared to its recent positioning and the money moving into the space. Let's hope CRZ doesn't get bought out for a song in the coming year. The big players outside the US are going to inevitably take advantage of the severe valuation disparity

[stockvet]

I rather have a slow and steady climb back like in May - June, so if this is the beginning of the next bull run, this bump up is good enough for me! Even if we dip back down, long and strong! Our time is coming 

[Mattheus]

You nailed the important part Benedictus.....US requires significant capital. Only drawback is crz was looking for more strategic acquisitions as well and the cost of acquiring in the US just went up.