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CornellEngineer

11/29/18 1:02 AM

#415 RE: JohnCM #414

That was one of the first things I read about MedMen when I researched them way back when and is what scared me off them. Are they up to a billion shares yet??? LOL

Was hoping OH could close above $6 but I see it faded a little right before the close which I've noticed that it often seems to do. She fought like hell today and at one point was just a penny away from actually going green but there just too much headwind today.

IMO, the market overreacted a bit today especially earlier in the day but that overreaction is what brings opportunities for more level-headed investors. If OH put out this kind of earnings report a year or two from now that might be grounds for some concern and pessimism but at this early stage I think the revenue numbers are most important. Here's another video of one of Origin House's management team, president and general counsel of the company Afzal Hasan...

https://www.bnnbloomberg.ca/cannaroyalty-targets-vape-customers-with-180-smoke-takeover-1.1144749

Origin House's cash, assets, liabilities and debt were all up over 1000% compared to last year...that's clearly a sign of explosive growth. Either you have faith that management like Lustig & Hasan can successfully navigate treacherous waters or you don't...it's pretty much that simple. I think these guys are looking out far enough ahead to avoid any big icebergs.