Why Marijuana Stock Origin Home Jumped 32% in March — but Fell on Cresco Buyout News — The Motley Fool


What occurred

Shares of cannabis company Origin Home (NASDAQOTH:ORHOF), formerly identified as CannaRoyalty, rose 31.7% in March, according to information from S&ampP International Marketplace Intelligence. For context, the S&ampP 500 returned 1.9% final month. 

In April, the stock has climbed four.1% by means of Friday, about double the broader market’s obtain more than this period.

Origin Home is a Canada-primarily based distributor and provider of brand help solutions that is been focused on the huge California cannabis industry.

Image supply: Getty Pictures.

So what


Origin Home stock entered March with strong momentum, powered by investor enthusiasm about the company’s prospects in the burgeoning legal cannabis industry. There had been also…

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