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Bullboard - Stock Discussion Forum CannaRoyalty Corp C.CRZ

Origin House is a growing cannabis product and brands company operating across key markets in the U.S. and Canada. The company delivers over 130 branded cannabis products to the licensed dispensaries. It provides distribution, manufacturing, cultivation and marketing services for its brand partners. The company operates through two operating segments, The Corporate segment derives income from... see more

CSE:CRZ - Post Discussion

CannaRoyalty Corp > Looking good
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Post by 7Twiggy on Jan 16, 2020 11:33am

Looking good

Looks like another good day. Stock bouncing between 3 and 4 % up. Converted shares hitting some accounts. Doesn't seem to be putting much downward pressure on the stock if any. This company reminds me of Organigram which is again moving up smartly. A little news and the same thing should happen here. Fourth quarter and year end results should be out towards the end of February. They won't include the January sales in the first quarter, but should result in a double bump as 1st quarter results should really move the stock up. Looking forward to seeing the year end MD&A as this should give us advance notice of what is happening particularly in Illinois and California and provide some inside into first quarter financials.
Comment by eastcoastseeker on Jan 16, 2020 12:46pm
I think that those who had bought OH shares like myself see this as a long term ( 3-5 years ) investment. I don't see most longs of OH selling on conversion. These two companies basically had the same business plan ie: A House of BRANDS...  This could easily be a $50 per share stock in 5 years or less, think buying into a beer distributor right after prohibition because that is exactly ...more  
Comment by viktroy on Jan 16, 2020 9:35pm
Yes, this exactly was my thesis for buying, and is why I'm still holding long-term. I have a little regret cus I decided not to sell at $9 during the first rumors of this deal. Could have twice the stake now if I had. Alas. I think you nailed it with "some other big name". The way I see it, eventually Canopy Growth will start eating up smaller companies, and thus Constellation Brands ...more  
Comment by weedstocks928 on Jan 17, 2020 1:48am
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