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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
Comment by RickyBobby412on Dec 28, 2017 10:47am
41 Views
Post# 27237982

RE:Wilson Does What He Says

RE:Wilson Does What He SaysWho the hell is Wilson? Lol
You mean Will Simpson?

buylowsellhi007 wrote: Market is finally understanding that GLH is a different company with Don gone and Wilson steering and virtually controlling the major ownership of the company.

I’ve never met him but for the past 5-6 months now he’s talked the talked and walked the walk.

For those speculating that California is coming on stream next you are very likely right. It’s simply to close a neighbor not to be part of the overall growth plan.

But for now Nevada needs the attention and further expansion of the foot print in Oregon.

My guess will be another store in Oregon will be announced within the next 60 days and at least one location or strategic distribution partnership in Nevada.

As for Canada I feel they are simply too late to the party and far too small to impact the bottom line. Canopy and Aurora are going to dominate the Canadian market and we’ll likely see significant consolidation in Canada though out 2018. But this is the GLH board.

What we need now is to see revenue increasing and cost containment.

Let’s not forget that the major downfall of GLH in the past was their inability to accelerate revenue.

Revenue expansion is the most important fact going forward over the next two quarters.

Buildings, licences and fancy press releases fade quickly without rapid revenue expansion.


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