|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||8.80 - 9.69|
|52 Week Range||3.18 - 9.69|
|Beta (3Y Monthly)||2.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
You might not have even heard of this marijuana stock, but it's bigger than CannTrust and HEXO -- combined.
OTTAWA , April 10, 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 provided an update on Sonoma County permit approvals received by the Company's pending acquiree, California -based cannabis cultivator Cub City LLC ("Cub City") and wholly-owned subsidiary, FloraCal Farms ("FloraCal").
On April 1, the cannabis company announced that it was being acquired by U.S.-based Cresco Labs, but shareholders were not impressed.
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations NEW YORK , April 8, 2019 /PRNewswire/ -- Virtual Investor Conferences, ...
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a market snapshot discussing the success of recent distribution agreements in the California cannabis space. Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF), a company focused on developing, manufacturing and distributing products under recognized brands in the cannabis products industry, with a specific focus on edibles and oil extracts for medical and adult recreational use, recently congratulated Cresco Labs Inc. on their agreement to acquire Origin House. "We are pleased that another California distribution and manufacturing company with many similarities was acquired at such a healthy multiple," commented Adam Szweras, Co-Chair of the Nutritional High board.
HENDERSON, NV / ACCESSWIRE / April 5, 2019 / Following a tremendous start to the year, marijuana stocks treaded water in the month of March. The Horizons Marijuana Life Sciences ETF, which is comprised ...
OTTAWA , April 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 the following access information for its combined conference call and webcast with Cresco Labs Inc. ("Cresco Labs") to discuss the recently announced acquisition of the Company by Cresco Labs. Archived access to the webcast will be available for one year on Cresco's investor website. An investor presentation and fact sheet providing an overview of the transaction are available on the Events and Presentations page of the Cresco investor website and Origin House's investor website.
Cresco Labs plans to acquire Origin House. Here are the most important things to know about the major deal.
Shares of Origin House fall Monday, although Chicago-based Cresco Labs Inc. said it was buying the Canada-based cannabis company in a stock deal valued at C$1.1 billion, but the deal did help inspire buying interest in the broader marijuana sector.
Cresco Labs (OTC: CRLBF) is strengthening its presence in California and other markets through the acquisition of Origin House, which is the trade name for CannaRoyalty Corp (OTC: ORHOF). Under the terms of the deal, shareholders of Origin House will receive 0.8428 subordinate voting shares of Cresco Labs for each share they hold. After the transaction is complete, Origin House shareholders will own 20 percent of the combined company.
Cresco Labs Inc. announced Monday a deal to buy Origin House, the registered business name for Canada-based CannaRoyalty Corp. , in a deal valued at C$1.1 billion, or the equivalent of $823.5 million. Under terms of the deal, Cresco will exchange 0.8428 subordinate voting shares of Cresco for each Origin House share outstanding. Based on Friday's closing prices for the U.S.-listed shares, that would value Origin House shares at about $9.48 each, or a 4.9% premium. The deal, which Cresco said is the "largest public company acquisition in the history of the U.S. cannabis industry," is expected to be completed by the end of June. "Following the closing of this acquisition, Cresco brands will be in over 725 dispensaries across the country, giving us the largest and most strategic distribution footprint of any cannabis company in the United States," said Cresco Chief Executive Charlie Bachtell. Cresco's U.S.-listed stock has run up 67% year to date and Origin House's U.S. shares have soared 90%, while the ETFMG Alternative Harvest ETF has climbed 46% and the S&P 500 has gained 13%.
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) are pleased to announce today that they have entered into a definitive agreement (the “Agreement”) pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Origin House (the “Origin House Shares”) (the “Transaction”). Under the terms of the Agreement, holders of common shares of Origin House will receive 0.8428 subordinate voting shares of Cresco Labs (the “Cresco Labs Shares”) for each Origin House Share (the “Exchange Ratio”).
OTTAWA, Ontario, April 1, 2019 /PRNewswire/ -- CannaRoyalty Corp. d/b/a Origin House (OH.CN) (ORHOF) ("Origin House" or the "Company"), a leading North American cannabis products and brands company, today announced that Afzal Hasan, President and General Counsel, will present live at VirtualInvestorConferences.com on April 4th.
HENDERSON, NV / ACCESSWIRE / March 29, 2019 / Cannabis and CBD have been on a roll this year, with big companies in the space like Aurora Cannabis, Cronos, and Tilray taking up a lot of attention. However, ...
Company executives share vision, answer questions live at VirtualInvestorConferences.com NEW YORK , March 28, 2019 /PRNewswire/ -- Virtual Investor Conferences today announced the agenda for the upcoming ...
OTTAWA , March 28, 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 provided an update on the delisting of its 8% unsecured convertible debentures due July 12, 2021 (the "Debentures") from the Canadian Securities Exchange (the "Exchange"). Effective at market close on March 28, 2019 , Origin House's convertible debentures (OH.DB) will be delisted from the Exchange.
OTTAWA , March 28, 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's President and General Counsel, Afzal Hasan , has been named as one of the High Times 100 Most Influential People in the Cannabis Industry. From entrepreneurs and activists to entertainers and cultivators, the High Times 100 List recognizes the women and men who are shaping the current cannabis industry. Mr. Hasan has been recognized as a thought leader and advocate for cannabis.
OTTAWA , March 27, 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's California distribution division, Continuum, has entered into a distribution agreement (the "Agreement") with Humboldt Sun Growers Guild ("HSSG"), to be the exclusive distributor of Papa's Herb™-branded products in California . Pursuant to the Agreement, effective March 25, 2019 , Origin House's distribution division, Continuum will be the exclusive distributor of all Papa's Herb™ products in California .
OTTAWA , March 22, 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's wholly owned subsidiaries, Kaya Management Inc. ("Kaya") and FloraCal® Farms ("FloraCal"), were awarded annual operating licenses from the State of California . Kaya operates a licensed manufacturing facility in Oakland, California that manufactures edibles, vaporizers and pre-rolls, and was issued an annual Type 6 non-volatile manufacturing license by the California Department of Public Health.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. No securities of the company have been or will be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and no securities of the company may be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Trichome has agreed to provide up to C$2 million comprised of a Revolving Credit Facility and Term Loan, both of which are fully secured. Trichome will receive warrants to acquire a minimum of 10.3% and a maximum of 13.3% of the common shares of Ganjika House, should the entire term loan be drawn.