Origin House Archives

Debra BorchardtJanuary 8, 2020

As the cannabis industry faces pressure, the valuation retractions have caused several proposed deals to unravel. The lastest is between Bhang Inc. (CSE: BHNG) (OTCQX: BHNGF) and CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF). Bhang and its wholly-owned operating subsidiary, Bhang Corporation has terminated its agreement with Origin House and its wholly-owned subsidiary, […]

William SumnerDecember 12, 2019

The Illinois-based Cresco Labs (CSE:CL) (OTCQX:CRLBF) is looking to shore up its balance sheet by selling off one of its properties. Today the company announced that it would sell its Lincoln, Illinois cultivation facility to GreenAcreage Real Estate Corp. (GreenAcreage), for $50 million. “This Agreement is representative of the comprehensive approach to capital planning that […]

William SumnerAugust 28, 2019

It’s time for your Daily Hit of cannabis financial news for August 28, 2019. On the Site SLANG Worldwide SLANG Worldwide Inc. (CNSX: SLNG) delivered its financial results in Canadian dollars for the second quarter ending June 30, 2019, with revenue increased sequentially by 44% to $7.2 million and a big jump over last year’s […]

William SumnerJuly 18, 2019

It’s time for your Daily Hit of cannabis financial news for July 18, 2019. On the Site Aurora Cannabis Italy has chosen Canadian-based Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) as the sole winner of the Italian government’s public tender to supply medical cannabis in Italy. The contract is expected to be signed in September […]

William SumnerMay 29, 2019

It’s time for your Daily Hit of cannabis financial news for May 29, 2019. On the Site Acreage Holdings Acreage Holdings, Inc. (ACRG-U.CN) (ACRGF) reported financial results for the quarter ending March 31st, 2019 with revenue rising 487% to $12.9 million, but the company also delivered a whopping net loss of $31.2 million. Looking at […]

Debra BorchardtMay 17, 2019

Origin House, formerly known as CannaRoyalty (CSE: OH) (OTCQX: ORHOF) announced preliminary unaudited revenue of approximately C$11 million for the first quarter ending March 31, 2019. No profit or loss numbers were revealed. The company also noted that April was off to a good start with approximately C$6.5 million in unaudited revenue. The wholly-owned distribution […]

William SumnerApril 29, 2019

It’s time for your Daily Hit of cannabis financial news for April 29, 2019 On The Site Aleafia Health Aleafia Health Inc. (TSX: ALEF) (OTC: ALEAF) reported that its 2018 total revenue was $3.3 million versus zero in 2017. The pro-forma combined Aleafia Health and Emblem revenues in 2018 were $11.3 million an increase of […]

Debra BorchardtApril 29, 2019

Canada-based Origin House (once known as CannaRoyalty Corp.) (CSE: OH) (OTCQX: ORHOF) reported its fourth quarter and year-end results ending in December 2018 in Canadian dollars. The fourth quarter saw revenues of $7.9 million an increase of 638% over last year’s $1.1 million for the same time period. The net loss for the quarter was […]

Debra BorchardtApril 1, 2019

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) is acquiring CannaRoyalty Corp. also known as Origin House (CSE: OH) (OTCQX: ORHOF) in a deal valued at C$1.1 billion or C$12.68 per Origin House Share (based on the Exchange Ratio and the closing price of Cresco Labs Shares on March 29). The deal looks to be the […]

StaffFebruary 5, 2019

It’s time for your Daily Hit of cannabis financial news for February 5, 2019. On The Site Verano Illinois-based Verano Holdings, LLC has acquired Four Daughters Compassionate Care Inc. of Sharon, Massachusetts and its provisional medical cannabis licenses for an undisclosed amount. The first cultivation and dispensary facilities in Sharon are expected to open in six to nine months. The […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

In other news

The Daily Hit: January 4, 2024

Connecticut Attorney General Tells Unlicensed Cannabis Events Company to Stop

Testing Concerns Lead to Quarantine for 70% of Mississippi MMJ Goods

Tag: Origin House

Latest Cannabis Divorce: Bhang, Origin House

Cresco Labs Looks to Shore Up Its Balance Sheet By Selling Lincoln Property for $50 Million

The Daily Hit: August 28, 2019

The Daily Hit: June 18, 2019

The Daily Hit: May 29, 2019

Origin House Announces Unaudited Revenues of $11 Million

The Daily Hit: April 29, 2019

Origin House Reports 638% Jump In Revenue For Fourth Quarter

Cresco Labs Is Buying Origin House In C$1.1 Billion Deal

The Daily Hit: February 5, 2019

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

Get the latest cannabis news delivered right to your inbox

Get the latest cannabis news delivered right to your inbox