CannaRoyalty Corp. d/b/a Origin House (CNSX:OH.CN) (OTCQX:ORHOF) (“Origin House” or the “Company”), a leading North American cannabis products and brands company is pleased to announce it has been named to the 2019 OTCQX(®) Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. Origin House was ranked as the second best-performing stock across sectors on the OTCQX Best Market in 2018 with a return of 58.9%.
“We are pleased to be ranked second on the list of the 2019 OTCQX Best 50, and as the top performing cannabis company,” said Marc Lustig, CEO and Chairman of Origin House. “2018 was a pivotal year for Origin House. We executed on phase one of our strategy, creating a global cannabis brands company with a stronghold in California. In 2019, we are committed to continue to build on the strong performance of last year while capitalizing on new opportunities that will drive future profitability and generate long-term shareholder value. I would like to thank our investors for their continued trust and support towards our vision and are excited by what the future holds for Origin House. We’re only getting started.”
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2019 OTCQX Best 50 were ranked based on their performance in 2018.
The complete 2019 OTCQX Best 50 ranking can be found here.
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. The companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their qualifications.
About Origin House
Origin House is a growing cannabis products and brands company operating across key markets in the U.S. and Canada, with a strategic focus on becoming a preeminent global house of cannabis brands. The Company’s foundation is in California, the world’s largest regulated cannabis market, where it delivers over 130 branded cannabis products to the majority of licensed dispensaries. Origin House’s brand development platform is operated out of five licensed facilities located across California, and provides distribution, manufacturing, cultivation and marketing services for its brand partners. The Company is actively developing infrastructure to support the proliferation of its brands internationally, initially through its acquisition of Canadian retailer 180 Smoke. Origin House’s shares trade on the Canadian Securities Exchange (CSE) under the symbol “OH” and on the OTCQX under the symbol “ORHOF”. Origin House is the registered business name of CannaRoyalty Corp. For more information, visit www.originhouse.com.
Forward Looking Statements
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Origin House’s periodic filings with Canadian securities regulators. When used in this news release, words such as “will, could, plan, estimate, expect, intend, may, potential, believe, should,” and similar expressions, are forward- looking statements.
Forward-looking statements may include, without limitation, statements relating to the timing and completion of the transactions and agreements contemplated in this press release, the execution of the Company’s strategy, new opportunities, the Company’s timing and process for expansion in Canada and globally, timing for the Company’s acquisition of 180 Smoke, new opportunities, future growth and other statements.
Although the Company has attempted to identify important factors that could cause actual results, performance or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance or achievements not to be as anticipated, estimated or intended, including, but not limited to: dependence on obtaining regulatory approvals; investing in target companies or projects that are engaged in activities currently considered illegal under US federal law; changes in laws; limited operating history; reliance on management; requirements for additional financing; competition; hindering market growth and state adoption due to inconsistent public opinion and perception of the medical-use and adult-use marijuana industry and; regulatory or political change.
There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward-looking statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this release. The Company disclaims any intention or obligation to update or revise such information, except as required by applicable law, and the Company does not assume any liability for disclosure relating to any other company mentioned herein.
SOURCE Origin House
View original content: http://www.newswire.ca/en/releases/archive/January2019/24/c3673.html
SOURCE: Origin House
Marc Lustig, Chairman and CEO, firstname.lastname@example.org, 1-844-556-5070,www.originhouse.com; Jonathan Ross, CFA, LodeRock Advisors Inc.,email@example.com, 416-283-0178