CannaRoyalty Corp C.CRZ

Jerome Hass

[retiredcf]

Origin House shareholder 'underwhelmed' by Cresco Labs takeover deal

Origin House shareholder Jerome Hass, portfolio manager at Lightwater Partners, joins BNN Bloomberg to discuss why he opposes the company's takeover by Cresco Labs.

https://www.bnnbloomberg.ca/video/origin-house-shareholder-underwhelmed-by-cresco-labs-takeover-deal~1650451

[longsolo]

I can see why people would complain at first glance, at the same time I can see why people are happy. In one hand OH sh are upset at the no/small premium. On the other hand you have the canopy of the states. Either way, if you look at both hands together the future look's very good to me. I will hold long as I see great potential and lots of money to be made.

[retiredcf]

I'm amazed that we're still trading a full $2 below what OH is worth in CL stock. GLTA

[albetting]

only a matter of time i think before the gap closes... seems like a lot of new players are trading the stock, volume is looking pretty good.

[PigeonCamera]

This is exactly what happened with the Aurora-Medreleaf acquisition. It will close the gap as we get closer to June.  I'm long ACB, but sold my stake to purchase Medreleaf right about this time, back then. When the conversion happened, I ended up with 17% more shares in ACB, plus the increase in stock price in the interim.  The current gap between CL and OH isn't a problem. It

[Oldweed]

I remember very well, and I agree with you, I have loaded up on OH. US stocks are on fire, safe banking around the corner and money is just starting to move in. The big 4 can't compete until feds legalize so only blue sky ahead:)