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Chalice Brands Ltd. C.CHAL

Alternate Symbol(s):  CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


CSE:CHAL - Post by User

Post by TheCanadianDudeon Oct 28, 2022 7:47pm
108 Views
Post# 35057203

SECOND CFO RESIGNS IN 4 MONTHS . INSOLVENCY OR TAKEOVER

SECOND CFO RESIGNS IN 4 MONTHS . INSOLVENCY OR TAKEOVERChalice needs to be evaluating various options for a viable restructuring, including sale /monetization of assets, sale of locations, equity infusion, and even more borrowing via debt refinancing by investors which will further dilute investors’ equity. The alternative after November 2022 is either receivership especially with NO FINANCIALS for over a YEAR or a hostile takeover by debt holders. One of the best alternatives, company acquisition is not attractive because of the continued failure for 8 years and the failure of any gimmicks to push the stock upwards but down 89% in 16 months record time posting NO FINANCIALS with 50 excuses
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