CannaRoyalty Corp C.CRZ

Look at the PP Presentation

[bob2949593]

At first I thought this was an April Fool's joke. But it makes more sense when you consider that Cresco's fully diluted market cap is over $4 billion (per powerpoint presentation below). Cresco has been on an aquisition spree lately.


https://originhouse.com/wp-content/uploads/2019/04/ir-deck-cresco-labs-acquisition-of-origin-house-final.pdf

[Benedictus]

yep, at close of this transaction fully diluted sharecount of the combined company will be around 370M. I realize that has been the path of aurora and some others with bloated billion plus share counts but I really dislike the dilutive approach to growing scale. estimated revs of 380M for 2019 on a 5.4B company is a forward psr of 14, which is near nosebleed levels for us mj stocks ( i realize the

[simmer1965]

Cresco mkt cap is 320 million cdn.  They can write whatever they want.  It's BS.  Login to your trading platform and check it.  This smells like the so called Aphria takeover.  sold this a.m. at 11.80 and shorted it.

[Benedictus]

simmer, review the pp closer to see the f/d market caps on pg 10

[falconer108]

Can you please elaborate on what the f/d market caps mean?  thank you

[simmer1965]

true but don't know how they get that.  Yahoo finance has there market cap as 543 million

[Chutzpah]

simmer its quite funny to read all the ignorant baseless comments aeounf here bit you get the Jack@zz Gold Medal no doubt about it LMAO

[Mike411Ontario]

Cresco Labs mkt cap according to the MJ Index is $581m and Origin House is listed as $763m But here is some insight from an experianced broker. Cresco is not done after this acquisition, either. There's no question that Cresco intends to be the largest cannabis company in the world. And this acquisition puts it on the road to get there. Cresco did not pay a huge premium for Origin House

[Mike411Ontario]

He continues; What should you do with your shares? Over time, the Cresco Labs-Origin House merger is a powerful one which will send shares higher. So if you haven't already had the opportunity to establish a position in Origin House, I encourage you to do so now. If you already have a position in Origin House, hold that stock - and be prepared to reap the rewards very soon.