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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
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Comment by ryang999on Nov 28, 2016 9:29pm
154 Views
Post# 25525111

RE:here it is from ceo GLH will in fact OWN BMF

RE:here it is from ceo GLH will in fact OWN BMF
StinkySadie wrote:
With regards to Washington state, the royalty stream from our strategic partner, BMF is unaffected by these developments. Further, it has been confirmed that legislation to allow out of state ownership in Washington will be processed in the next legislative session starting in January 2017. If out of state ownership legislation passes, then GLH would acquire BMF and move towards a consolidated company."
Read more at https://www.stockhouse.com/news/press-releases/2016/11/28/golden-leaf-holdings-reports-third-quarter-2016-unaudited-results-and-updates#SBmFdEQo01OqkF42.99




yes, if out of state ownership legislation changes, it is a possibility that GLH will end up acquiring BMF, but bear in mind that with the current partnership deal GLH does NOT own BMF yet, therefore you can include BMF revenue in your calculation. if GLH end up buying BMF, you can rest assured that GLH, or we the shareholder, will pay additional millions of dollars. but until that happens, BMF is not part of GLH. period. 
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