CannaRoyalty Corp C.CRZ

CRZ mktcap if we end the year making as much as TLRY?

[Druckenmiller]

Look at TLRY in afterhours today for making less than ten million last quarter. About to break $60, I am shocked.

[Cannabis1]

Absolutely agree! 9.7m rev with over 5b market cap? That's 20x crz! CRZ will do 15m revenue this quarter! So what's it worth? 5b market cap would be a 100 dollar stock! I expect we jump big tmrw! Best kept secret but not for long!

[Benedictus]

Cannabis1, crz is definitely undervalued based on the upcoming revenue run rate but comparing CAD valuations to US based assets with regulatory overhang is a fallacy imo. until US lifts MJ from schedule 1, the valuation disparity between US & CAD is going to be extremely significant. and that seems to be the reason for canopy rivers and other big players that are seriously cashed up and ready

[Cannabis1]

I totally agree with you sir with the schedule 1 discount. But consider at the end of the day revenue is revenue and earnings are earnings regardless. California is not turning back on legalization. Californians would separate before they are told what to do by the feds! My suggestion is that the gap in valuations needs to narrow! But I do agree that is why we are not higher.

[Benedictus]

yes indeed, totally agree with you...the valuation gap should narrow as more big $$ players enter the space and look at US valuation metrics as a no brainer. Let's hope crz does not get bought out early before allowing it to become the behemoth that we all know it's going to be!

[Cannabis1]

Unfortunately if this company doesn't get its stock up soon we just may become the prey!

[stockvet]

Correct me if I am wrong, but I don't think a hostile takeover is even possible given the tight control of the shares. It has obviously changed a bit since then, but I remember the December 2017 corporate presentation said that: Insider ownership (12% at the time) + Acquired Assets + Strategic Corporate (Aphria) + Family Office + Institutional ownsership was greater than 80% at the time. Also,

[MoneyShot19]

I was thinking along those lines as well. I would assume the ownership you mentioned above keeps them in control, and with share buyback it will get a bit stronger again.  Just watched that documentary last night Becoming Warren Buffett, and one thing he mentions regarding successful companies is the power of companies that "have a moat around them", meaning their branding has

[investalot23]

i would think if a take over did happen it would have to be from a company in CNSX exchange because CRZ does business in the USA and i believe Aphia bought a company that did business in the USA and they got hit hard for that. So i think they have til US legalizes to build without threat of a take over