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.

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Chalice Brands Ltd

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Comment by stockcharacteron May 09, 2017 10:47am

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Post# 26220726

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:April Form 7 Out

Where does the $7 million in operating costs number come from? I'm reading about $1 million in operating costs a month over 2016 American -- or about $16.5 million Canadian for the year. That's about $4 million Canadian operating costs per quarter. Where is the additional $3 million per quarter coming from?

rensoyka wrote: I think that the gist of the conversation is that revenues are 6 million minus operating/production costs of 7 million equals cash burn of 1 million.

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