Origin House Stock Soars After Announcing Key Sale of AltMed Equity

Origin House Stock

Origin House stock is skyrocketing today as the company readies itself to be acquired by Cresco Labs (CSE:CL) (OTCQX:CRLBF). The cannabis products and brands company announced that it divested its 5.1% equity share in Alternative Medical Enterprises LLC for a cool $6 million USD.

This sale was an important step for Origin House (CSE:OH) (OTCQX:ORHOF) to make, and now Origin stock is up 10.84%, selling for $7.26.

Origin House Stock

The influx of cash is not the sole reason for the stock climb. Rather, the sale was a pre-closing condition under the terms of ...

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