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

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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

March 

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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