CannaRoyalty Corp C.CRZ

Crazy

[retiredcf]

So following this news, CL is up 1.25% and OH is down 8%. You certainly need a strong sense of humour these days. GLTA

[retiredcf]

Getting worse. CL now up 4.2% and OH down 8.6%. GLTA

[480Mayham]

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[spurwing2]

Really strange....I thought the stock would be running up rather than down.I picked up some at the lows anyways.OH tends to run up when you least expect it!

[retiredcf]

BNN covering it now with a headline that "Cresco cleared by US DOJ to acquire Origin House for $1.1 billion". Will post the link when available. GLTA

[betbigwinbig]

So why is the stock tanking so hard. Will shareholders get a bunch of cl shares to make this attractive. Is it a good time to buy? 

[retiredcf]

Each OH share will be exchanged for .8428 of a CL share. The spread is now back to nearly $1.40 as based on current prices, OH would be worth $6.67. Hard to predict with this irrational trading activity but one would think that now is indeed a good time to buy. GLTA

[mudpuppy]

it's called market maker manipulation.....doesn't mean anything.   good news likely  will come out soon.

[480Mayham]

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[480Mayham]

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[YoungInvestor91]

I think I know why there's such a huge sell off on OH today. From the press release: The expiration of the HSR Act waiting period is a significant milestone for this transaction and for the entire cannabis industry. With the waiting period passed, the parties are now working towards closing the transaction on terms that will be mutually agreeable. The terms are already agreed upon, so there