Chalice Brands Ltd CHALF

Healthcare Cannabis

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.

GREY:CHALF - Post by User

Chalice Brands Ltd

Bullboard Posts

Comment by Bullphighteron Jan 23, 2016 1:14pm

94 Views

Post# 24487168

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Longs should stop telling others what to do

DUUUUDDDDDEEEEE

This is not a "part" of a small country we entered. It is WASHINGTON STATE !!! Not Ontario, Oh did I mention our customers pay with real money and not monopoly money

DeanChaykowski wrote:
well its the truth. I dont like the deal, i couldnt fold my hand yet.

who knows maybe investors will pay too much but if you stick around me long, you will find I never bend my principles for money. I was fooled this week into thinking the OTC ticker was alive and I have been fooled before by vague PR's on companies like this one. Over time you learn to do your homework or suffer in long silent worries about what you own and wonder why its going down.

Supreme is case in point for me where that exact lesson occurred for me. Sure it worked out nice in the end because I did manage a great entry point but for almost two years I suffered and agonizing retreat on share prices holding only with hope and some rather vague NR's that were aimed only to have me buy shares. It happens a lot so I never try to do that to other people and wait until I unload to speak candidly. I do that even when owning. Not like many of you but thats me.

Tweed would have been a terrible buy and hold. Same thing could happen here. Company needs capital and they will cause pain for shareholders until one day the revenues and cash flow situation in particuliar improves. Thats the truth and that fully dilluted share count is the one you should be using to figure out market cap. Not the 40.4 million cap stockhouse has on its page.

I now think Tweed is a good investment. See how it works. If you buy too soon you may regret owing your wonderful company. Because there may be better times to jump in and thats what I am seeing. Besides the obvious fact that not one person can know what that latest dilutive deal offers shareholders. My guess is it will take at least a quarter or two of having its revenues on the financials to make a determination. That is some time away and to suggest going long now is nothing but a pure gamble. I invest with more sureness than that. I can find speculative bets where I know more than here.

Before the deal. I liked the business model and share counts were okay by me. But now I have more diluted shares, a costly debenture debt at high interest rates to pay, and restrictive entrance into another state where my business is only at arms length from the partner and not duplicating the current Oregon model at all. Unproven, unexplained, uninvestable. Go ask an advisor what he thinks.