Cannabis Investing Network

Has the Market Bottomed? And the Origin House arbitrage - Market Update - July 20/2019


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Has the market bottomed?

After a few brutal weeks we examine values in the market:

- What caused this recent drop in prices?

- What's the difference between a blip and a correction?

- How CannTrust caused the entire market to fall irrationally 

- What's next for CannTrust?

- Are market values attractive at these numbers?

- The strategy of buying companies around the problematic companies (like HomeTrust)

- Managing cash for situations like these


Market Update:

- Curaleaf buys Grassroots for ~$875M USD deal

- Neptune closes $41.5M USD raise

- Flower withdraws a $125M offering (indicates investor hesitation) (this was later turned into a $43M bought deal)


Activity:

- What Manish has done during this downturn

- The Origin House arbitrage opportunity



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Cannabis Investing NetworkBy CIN Podcast

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