Startup Origin House – Ventures Media

Funding & investors

Origin House has received 3 rounds of venture funding. The total funding amount is around $42.6M.

Canaccord Genuity Group (Investment bank)

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Origin House - Blog

Cresco Closes Acquisition of Origin House, Adding Leading California Wholesale Distribution and Cultivation Operations to its Strategic National Footprint

January 8, 2020 – CHICAGO, ILLINOIS – Cresco Labs Inc. (CSE: CL, OTCQX: CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it has closed the previously announced acquisition of CannaRoyalty Corp. d/b/a Origin House (“Origin House”) (CSE: OH, OTCQX: ORHOF) by way of a plan of arrangement (the "Arrangement"). With the closing of the Arrangement, Cresco has significantly increased its footprint and accelerated its entry into the California market.The post Cresco Closes Acquisition of Origin House, Adding Leading California Wholesale Distribution and Cultivation Operations to its Strategic National Footprint appeared first on ORIGIN HOUSE.

Origin House Obtains Final Order for Proposed Arrangement with Cresco Labs Inc.

Ottawa, Canada – January 6, 2019 - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, is pleased to announce, further to the Company’s press releases dated April 1, 2019 and November 13, 2019, that the Company has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement (as amended, the “Arrangement”) with Cresco Labs Inc. (“Cresco Labs”), pursuant to which, among other things, Cresco Labs intends to acquire all of the issued and outstanding shares of Origin House. Receipt of the final order will allow Origin House to complete the Arrangement upon satisfaction of the remaining closing conditions.The post Origin House Obtains Final Order for Proposed Arrangement with Cresco Labs Inc. appeared first on ORIGIN HOUSE.

Origin House Receives Shareholder Approval of Plan of Arrangement with Cresco Labs Inc, and Announces Extension and Addition of OCN Debt Facility

Ottawa, Ontario – December 31, 2019 – CannaRoyalty Corp. d/b/a Origin House (the “Company” or “Origin House”) (CSE: OH and OTCQX: ORHOF) is pleased to announce that, at the special meeting held today (the “Meeting”) of the holders (the “Origin House Common Shareholders”) of common shares of Origin House (the “Origin House Common Shares”), the holders (the “Origin House Compressed Shareholders”) of class A compressed shares of Origin House (the “Origin House Compressed Shares”) and the holder (together with the Origin House Common Shareholders and the Origin House Compressed Shareholders, the “Origin House Shareholders”) of subordinate voting shares of Origin House (the “Origin House SVS” and, together with the Origin House Common Shares and the Origin House Compressed Shares, the “Origin House Shares”), the Origin House Shareholders overwhelmingly voted in favour of both resolutions voted on at the Meeting. The post Origin House Receives Shareholder Approval of Plan of Arrangement with Cresco Labs Inc, and Announces Extension and Addition of OCN Debt Facility appeared first on ORIGIN HOUSE.

Origin House Strengthens Partnership with Top-Selling California Cannabis Brand, Kings Garden, Through Exclusive Distribution Agreement

Ottawa, Canada – December 30, 2019 - CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) (“Origin House” or the “Company”), a North American cannabis products and brands company today announced that its California distribution division, Continuum, has entered into a distribution agreement (the “Agreement”) with California-based boutique cannabis brand Kings Garden Inc. (“Kings Garden”) to be the exclusive distributor of all Kings Garden products in California. In Q3 2019, Kings Garden was ranked as one of the leading flower brands in California, recording the second highest unit sales growth from Q1 to Q3 2019 in the state.The post Origin House Strengthens Partnership with Top-Selling California Cannabis Brand, Kings Garden, Through Exclusive Distribution Agreement appeared first on ORIGIN HOUSE.

Origin House Reminds Shareholders Voting Deadline for Cresco Transaction is Friday, December 27, 2019

Ottawa, Canada – December 24, 2019 – CannaRoyalty Corp. d/b/a Origin House (CSE: OH and OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, today announced that, with a week until the voting deadline, based on the votes cast as of December 23, the last day of trading prior to this press release, shareholders continue to show overwhelming support in respect of the statutory plan of arrangement (as amended, the “Arrangement”) pursuant to which Cresco Labs Inc. (“Cresco Labs”) will acquire all of the issued and outstanding shares of Origin House. Of the votes cast, 99.52% continue to be in FAVOUR of the Arrangement, as a large number of shareholders have voted in the last week, bringing the total to 47.24% of all eligible votes having been cast. Shareholders are reminded that the deadline to vote is December 27, 2019 at 10:00 am ET and are encouraged to vote. The Board of Directors of Origin House encourages shareholders to vote in FAVOUR of the Arrangement.The post Origin House Reminds Shareholders Voting Deadline for Cresco Transaction is Friday, December 27, 2019 appeared first on ORIGIN HOUSE.

Origin House Announces Significant Support to date for Pending Transaction with Cresco Labs

Ottawa, Canada – December 13, 2019 – CannaRoyalty Corp. d/b/a Origin House (CSE: OH and OTCQX: ORHOF) ("Origin House" or the "Company"), a North American cannabis products and brands company, today announced that, based on the votes cast to date, the Company has received overwhelming support in respect of the statutory plan of arrangement (as amended, the “Arrangement”) pursuant to which Cresco Labs Inc. (“Cresco Labs”) will acquire all of the issued and outstanding shares of Origin House. The post Origin House Announces Significant Support to date for Pending Transaction with Cresco Labs appeared first on ORIGIN HOUSE.