OH.CN - Origin House

Canadian Sec - Canadian Sec Delayed Price. Currency in CAD
7.10
-0.27 (-3.66%)
At close: 3:59PM EDT
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Previous Close7.37
Open7.42
Bid7.04 x 0
Ask7.05 x 0
Day's Range7.04 - 7.42
52 Week Range5.03 - 13.10
Volume317,729
Avg. Volume255,145
Market Cap479.467M
Beta (3Y Monthly)2.27
PE Ratio (TTM)N/A
EPS (TTM)-0.99
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • CNW Group

    Origin House Announces Additional C$15 Million Tranche of Debt Financing from Opaskwayak Cree Nation

    OTTAWA , Sept. 20, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, announced that it has received a further C$15 million advance of debt financing (the "Financing") from Opaskwayak Cree Nation ("OCN"). Marc Lustig , Chairman and CEO of Origin House commented, "We appreciate the continued support of OCN. In addition to the previously disclosed funding from OCN totalling C$12 million , the proceeds from this Financing are expected to be used by Origin House for the construction and expansion of its premium craft cannabis production facilities in Sonoma County – Cub City and FloraCal, for costs related to closing of the previously announced plan of arrangement (the "Arrangement") with Cresco Labs Inc. ("Cresco Labs"), and for general corporate purposes.

  • Business Wire

    Cresco Labs and Origin House Announce Substantial Compliance with HSR Second Request

    Cresco Labs Inc. (“Cresco Labs”) (CL.CN) (CRLBF) and CannaRoyalty Corp. d/b/a Origin House (“Origin House” and together with Cresco Labs, the “Companies” – CSE: OH, OTCQX: ORHOF), both announced today that, effective September 16, 2019, they have each submitted certifications of substantial compliance with the request for additional information (“Second Request”) from the United States Department of Justice Antitrust Division (the “DOJ”) in connection with Origin House’s and Cresco Labs’ notification to U.S. antitrust authorities pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”), as amended, in respect of Cresco Labs’ pending acquisition of Origin House (the “Transaction”).

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  • CNW Group

    Origin House Announces Record Quarterly Revenue of $21.4 million for the Second Quarter of 2019; Sequential Growth of 91% from Q1 2019

    Origin House Announces Record Quarterly Revenue of $21.4 million for the Second Quarter of 2019; Sequential Growth of 91% from Q1 2019

  • CNW Group

    Origin House Announces Earnings Release Date for Second Quarter of 2019

    OTTAWA , Aug. 12, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced that it plans to release its financial results for the second quarter ended June 30, 2019 on August 28, 2019. As disclosed on July 18, 2019 , Origin House will be reporting revenues of approximately C$21 million [1], demonstrating strong sequential growth of 88%1 over Q1 2019, at an approximate gross margin, excluding fair value items, of 17%1. The Company's progress in the second quarter of the year was a result of its focused strategy to capitalize on the statewide California platform it has built over the past two years. Origin House will not hold a public conference call in connection with the release of its second quarter financial results. Cresco Labs will report its financial results for the second quarter of 2019 on Wednesday, August 21, 2019 following market close.

  • CNW Group

    Origin House Announces Sale of Equity Interest in AltMed

    Divestment of AltMed represents an approximate 156% return on investment for Origin House shareholders and marks the completion of a key remaining step toward the closing of the Company's Arrangement with Cresco Labs. OTTAWA , July 26, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, announced today that it has divested its 5.1% equity interest (the "Interest") in Alternative Medical Enterprises LLC ("AltMed") for total consideration of US$6 Million . As Cresco Labs Inc. ("Cresco") is prohibited under state law from acquiring additional positions in the Florida market, this divestment was a pre-closing condition to the Company's previously announced plan of arrangement (the "Arrangement") pursuant to which Cresco has agreed to acquire all of the issued and outstanding shares of Origin House.

  • CNW Group

    Origin House Announces Record Preliminary Unaudited Revenue of Approximately $21 Million(1) for the Second Quarter of 2019

    Over 88% sequential growth in Q2 2019 preliminary unaudited revenue (compared to Q1 2019), primarily driven by focused execution in expanding California market. OTTAWA , July 18, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced preliminary unaudited revenue of approximately $21 million 1 for the second quarter ended June 30, 2019 , at an approximate gross margin, excluding fair value items, of 17%1. The California market has grown in 2019, with an increase in the number of licensed dispensaries since December 2018 2 and a more stable regulatory environment than in 2018.

  • CNW Group

    Trichome Financial Corp. and 22 Capital Corp. Receive Shareholder Approval for Proposed Qualifying Transaction

    TORONTO , July 9, 2019 /CNW/ - 22 Capital Corp. (LFC-P.V) ("22 Capital") and Trichome Financial Corp. ("Trichome Financial") are pleased to announce that each of 22 Capital and Trichome Financial have received unanimous approval from their respective shareholders for their announced amalgamation under the provisions of the Business Corporations Act ( Ontario ) that will result in a reverse take-over of 22 Capital by the shareholders of Trichome Financial (the "Transaction"). The Transaction, if completed, will constitute 22 Capital's "Qualifying Transaction" as such term is defined in Policy 2.4 of the TSX Venture Exchange (the "Exchange").

  • CNW Group

    Origin House Provides Corporate Update

    OTTAWA , July 2, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, provided an update regarding its pending transaction with Cresco Labs Inc. ("Cresco Labs"), the replacement of its debt facility and other business updates. As recently disclosed, in connection with the previously announced plan of arrangement pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Origin House (the "Arrangement"), the Company and Cresco Labs received requests for additional information ("Second Requests") from the United States Department of Justice Antitrust Division (the "DOJ") pursuant to the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR Act").

  • CNW Group

    Origin House Obtains Final Order for Proposed Arrangement with Cresco Labs Inc.

    OTTAWA , June 13, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, is pleased to announce that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement (as amended, the "Arrangement") with Cresco Labs Inc. ("Cresco Labs") previously announced on April 1, 2019 , pursuant to which, among other things, Cresco Labs intends to acquire all of the issued and outstanding common shares and class A compressed shares of Origin House. Receipt of the final order will allow Origin House to complete the Arrangement upon satisfaction of the remaining closing conditions, including the receipt of required regulatory approvals.

  • CNW Group

    Origin House Announces Shareholder Approval of Plan of Arrangement With Cresco Labs Inc. and Provides Update on Transaction

    OTTAWA , June 11, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (the "Company" or "Origin House") (CSE: OH and OTCQX: ORHOF) is pleased to announce that, at the special meeting held today (the "Meeting") of the holders (the "Origin House Common Shareholders") of common shares of Origin House (the "Origin House Common Shares") and the holders (the "Origin House Compressed Shareholders" and, together with the Origin House Common Shareholders, the "Origin House Shareholders") of class A compressed shares of Origin House (the "Origin House Compressed Shares"), the Origin House Shareholders overwhelmingly voted in favour of both resolutions voted on at the Meeting.

  • CNW Group

    Origin House Announces Technical Amendment to Plan of Arrangement with Cresco Labs Inc.

    OTTAWA , June 6, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (the "Company" or "Origin House") (CSE: OH and OTCQX: ORHOF) announces today that it has agreed with Cresco Labs Inc. ("Cresco") to certain technical amendments (the "Amendments") to its previously announced plan of arrangement (the "Arrangement") pursuant to which Cresco will acquire all of the issued and outstanding shares of Origin House. The agreement amending the Arrangement (which includes the amended Plan of Arrangement) will be filed under the Company's profile on www.sedar.com. The Amendments permit outstanding restricted share units (the "RSUs") to remain outstanding following the completion of the Arrangement as opposed to automatically converting such RSUs into Subordinated Voting Shares of Cresco, as previously provided in the Plan of Arrangement.

  • CNW Group

    Origin House Announces Significant Support to date for Pending Transaction with Cresco Labs

    Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy advisory firm, has recommended that shareholders of Origin House vote FOR the Arrangement. OTTAWA , June 5, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (CSE: OH and OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, today announced that, based on the votes cast to date, the Company has received overwhelming support in respect of the statutory plan of arrangement (the "Arrangement") pursuant to which Cresco Labs Inc. ("Cresco Labs") will acquire all of the issued and outstanding shares of Origin House. Additionally, the Company is pleased to announce that ISS, a leading independent proxy advisory firm, has recommended that shareholders of Origin House vote FOR the Arrangement.

  • CNW Group

    Origin House Announces Record Quarterly Revenue of $11.2 Million for the First Quarter of 2019; Sequential Growth of 41% from Q4 2018

    Origin House Announces Record Quarterly Revenue of $11.2 Million for the First Quarter of 2019; Sequential Growth of 41% from Q4 2018

  • CNW Group

    Trichome Financial Corp. and 22 Capital Corp. Receive TSXV Conditional Approval for Proposed Qualifying Transaction and Joint Information Circular

    TORONTO , May 28, 2019 /CNW/ - 22 Capital Corp. (LFC-P.V) ("22 Capital") and Trichome Financial Corp. ("Trichome") are pleased to announce that 22 Capital and Trichome have received conditional approval from the TSX Venture Exchange (the "Exchange") for their announced amalgamation under the provisions of the Business Corporations Act ( Ontario ) that will result in a reverse take-over of 22 Capital by the shareholders of Trichome (the "Transaction"). The Transaction, if completed, will constitute 22 Capital's "Qualifying Transaction" as such term is defined in Policy 2.4 of the Exchange.

  • CNW Group

    Origin House Announces Record Preliminary Unaudited Revenues of $11 Million for the First Quarter of 2019 and $6.5 Million for April 2019

    OTTAWA , May 17, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced preliminary unaudited revenue of approximately $11 million 1 for the first quarter ended March 31, 2019 , at an approximate gross margin of 15%1. In addition, the Company generated preliminary unaudited revenue for the month of April of approximately $6.5 million 1 and the Company expects gross margin to continue to trend upwards from Q1 to Q2 . The Company's achievements during the first four months of the year are the result of both solid organic growth and strategic merger and acquisition-based initiatives.

  • CNW Group

    Origin House Files Management Information Circular in Connection with Special Meeting to Consider Proposed Arrangement with Cresco Labs Inc.

    OTTAWA , May 14, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, today announced that it has filed its management information circular, letter of transmittal and related proxy materials (collectively, the "Meeting Materials") and will commence delivery of the Meeting Materials for its special meeting of shareholders (the "Meeting") to be held on June 11, 2019 in connection with its previously announced statutory plan of arrangement (the "Arrangement") pursuant to which Cresco Labs Inc. ("Cresco") will acquire all of the issued and outstanding shares of Origin House. Shareholders of Origin House should receive these Meeting Materials by mail shortly.

  • Business Wire

    Cresco Labs and Origin House to Participate in Canaccord Genuity’s 3rd Annual New York Cannabis Conference

    Cresco Labs Inc. (“Cresco Labs” or the “Company” – CSE: CL, OTCQX: CRLBF) and CannaRoyalty Corp. d/b/a Origin House (“Origin House” – CSE: OH, OTCQX: ORHOF) today announced that Charlie Bachtell, CEO & Co-Founder of Cresco Labs, and Marc Lustig, Chairman & CEO of Origin House, will be presenting and meeting institutional investors together at Canaccord Genuity’s 3rd Annual Cannabis Conference on Tuesday, May 14, 2019 in New York City. The Annual Cannabis Conference provides attendees the opportunity to gain valuable insight into the rapidly-developing cannabis industry from some of the industry’s leading experts.

  • CNW Group

    Origin House Obtains Interim Order for Proposed Arrangement with Cresco Labs Inc.

    OTTAWA , May 3, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, today announced that the Company has obtained an interim order from the Ontario Superior Court of Justice (Commercial List) (the "Court") in connection with its previously announced statutory plan of arrangement pursuant to which Cresco Labs Inc. ("Cresco") will acquire all of the issued and outstanding shares of Origin House, with each holder of a common share of Origin House receiving 0.8428 of a subordinate voting share of Cresco Labs and each holder of a class A compressed share of Origin House ultimately receiving 84.28 subordinate voting shares of Cresco Labs (the "Arrangement").

  • Market Exclusive

    Cannabis Stock News Daily Roundup May 3

    CannTrust Holdings (TSX: TRST) (NYSE: CTST) announced the pricing of its underwritten public offering of 36,363,636 common shares at US$5.50 per share. The company is selling 30,909,091 common shares for total proceeds of around US$170 million before deducting underwriting discounts and commissions and estimated offering expenses. Alternate Health (CSE: AHG) (OTCQB: AHGIF) is entering the CBD-infused […]The post Cannabis Stock News Daily Roundup May 3 appeared first on Market Exclusive.

  • CNW Group

    Origin House Completes Acquisition of Cub City, Bolstering Craft Cannabis Production Capabilities

    Acquisition of Cub City brings Origin House a 24,600 square foot facility with annual production capacity of up to 1,400 kg of ultra-premium flower, and a team that has cultivated cannabis for some of the top craft flower and pre-roll brands in California . OTTAWA , May 2, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced that it has closed the previously announced acquisition of  Cub City LLC ("Cub City"), a licensed premium craft cannabis producer based in Sonoma County, California for total consideration of US$5.3 million (the "Acquisition").

  • CNW Group

    Origin House Announces Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2018

    Origin House Announces Financial Results for the Fourth Quarter and Fiscal Year Ended December 31, 2018

  • CNW Group

    Origin House Announces Date of 2018 Fourth Quarter and Full Year Earnings Conference Call

    OTTAWA , April 17, 2019 /CNW/ - CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company today announced that it will host a conference call on Monday, April 29, 2019 at 8:30 am ET to discuss its 2018 fourth quarter and full-year financial results and provide investors with key business highlights. Origin House is a growing cannabis brands and distribution company operating across key markets in the U.S. and Canada, with a strategic focus on becoming a preeminent global house of cannabis brands. Origin House's foundation is in California, the world's largest regulated cannabis market, where it delivers over 130 branded cannabis products from 50+ brands to the majority of licensed dispensaries.