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 Orwellian1984on Nov 01, 2019 3:10pm

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Post# 30298825

RE:RE:RE:A theory regarding Canaccord

First: the Aug 21st conversion was for the 2017 debentures. The 2018 ones in fact is $15M and maturity is in 2021. So more game to play.

Second: They are not loosing here. They now own 25% of shares and every year receive equivalent of 5% of shares for the interest. dumping more is not necessarily hurt them as in the next conversion they will acquire the majority of shares.

However mean time the required cash for operation should be raised from public. So it is one of the reason I think the reversal is ahead to accomodate minimum dilutions. Raising cash at this price point by dilution is damaging all including Canaccord.

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This junior mining stock offers billions in market exposure