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Re: None

Monday, 01/06/2020 10:31:54 PM

Monday, January 06, 2020 10:31:54 PM

Post# of 3065
This is from the Cornerstone Investments Alpha report today. Origin probably has a good reason for it being this way, but it wouldn't surprise me if Cresco were to address this issue once they take control of Origin.
" It is important to consider the impact of the various pending transactions. Origin House (OTCQX:ORHOF) recently reported Q3 sales of C$23 million and gross profits of C$5.7 million for a gross margin of 25%. However, Origin House reported adjusted EBITDA loss of C$12 million driven by a heavy cost structure, including C$19.8 million of operating expenses.