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Chalice Brands Ltd 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.


GREY:CHALF - Post by User

Bullboard Posts
Post by slimjim11on Apr 17, 2016 9:50pm
135 Views
Post# 24777384

Largest Cannabis company that touches the leaf

Largest Cannabis company that touches the leafGLH had quarterly revenue of US$2,951,000 in the quarter ended September 2015. CGC had revenue in December 2015 of C$3,481,000 which is US$2,684,000 at C$ = 0.7712 U$. So GLH 3Q2015 saw more revenue than CGC quarter ended December 2015. Since then, we've added BMF (March 2016) and Dixie Brands (February 2016). I'm expecting the year end results to be published on 4/29 to show GLH is the largest cannabis company in Canada, and one of the largest in North America. With the Financial Times articles of April 12 and especially the Saturday April 16 article about public companies in the cannabis space, the international investment community is aware of this industry. GLH is a micro-cap, and it would take a tiny dollar amount of investment to buy every available share on the market. If the share overhang is 2 million shares, and if there are 100 million outstanding, that means 98% of the shareholders are solid, and there's not a lot of room for new investors to get in. We know Saladino, Cohl and Robinson have bought shares with hard cash at significantly higher prices, and we know the company has been coy about their good news in WA, pending passage of HB2364. It's a good bet that with the publicity that being recognized as the industry's revenue leader will bring, and with the press release of year end results on 4/29 levelling the information field so insiders can buy in the market place, and can share the good news with their friends and colleagues (I'm thinking of the impressive Rolodex of Cohl, Robinson and Saladino combined), this stock could gap up in the next ten days. If any of the Anon shares sold in the past six months were short sales that remain uncovered, I expect to hear screaming to rival the Banshees. And the chirpers on this board will say, "How could I have known?" and "Someone must have had inside information." I'll feel no sympathy, as the road map before us is as clear as if it were inscribed on Google maps. This stock is about to go ballistic.
Bullboard Posts