Replies to post #386 on Origin House (fka ORHOF)

[Goodbuddy4863]

Origin does not have a License to produce Marijuana by Health Canada in Canada!

https://www.canada.ca/en/health-canada/services/drugs-medication/cannabis/licensed-producers/authorized-licensed-producers-medical-purposes.html#a1

But is definitely a Licensed producer in California:

https://www.straight.com/cannabis/1060621/cannaroyalty-buys-california-licensed-cannabis-producer-floracal-farms#

[CornellEngineer]

I don't really know the details of how all that is regulated...was just commenting how Lustig & Gang have apparently put a lot of thought into branding whereas the Canadian LPs seem to be approaching their marketing in a helter-skelter fashion. Origin House seems to have a unique business model that hopefully will pay off in a big way over time...I'm not sure even the US-based operators are doing what OH is.

Today was a real good example of what may be happening moneywise...many of the Canadian pot stocks I keep tabs on were all down maybe roughly 3-9% while the US stocks I happen to monitor were all up several %. Looks to me like some big money is leaving the Great White North and heading south. Since the American-based companies typically have market caps that are an order of magnitude below that of the Canuck ones it wouldn't take much influx to make the Yankee stocks pop real good and/or appreciate nicely over a longer period of time.

I imagine many of the US-based companies will turn out to be big losers so it will still be important to select the right ones to put your money down on, but the Canadian companies are likely so overvalued right now even the current winners may turn out to be losers! One analyst I watched a while back said they would need TWO Canadas in order to get rid of all the product that will likely be available in a couple years.

[CornellEngineer]

Here's that video from a couple months ago I referenced where the analyst said you would basically need "another Canada" to justify some of the valuations of the Canuck stocks...

https://www.bnnbloomberg.ca/pot-stock-volatility-won-t-ease-anytime-soon-bmo-banker-says-1.1157625

If you can't trust an engineer who can you trust???

Wonder what's gonna happen to all that excess weed that will be overflowing Canadian warehouses in the not-too-distant future?