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

Bullboard Posts

Comment by daveinvestoron Feb 06, 2020 4:09pm

70 Views

Post# 30654073

RE:RE:RE:RE:RE:Question??

Ok idiot, how much revenue are you expecting that to add to the balance sheet?

https://www.nationalreview.com/corner/canadas-weed-industry-gets-a-tough-lesson-in-supply-and-demand/

But at least in Canada, the opposite has happened over the past year — supply has drastically outpaced demand: “Canadian cannabis producers and extractors are sitting on a massive stash of unfinished inventory that is growing so quickly that some analysts are concerned it could precipitate a price crash in the burgeoning industry.” Now “cannabis inventories came to almost 400 tonnes at the end of August, enough to cover two-and-a-half years of demand, according to the latest government data,” suggesting the “industry has overestimated how much the country’s pot-smokers can burn through — and underestimated the illegal market’s ability to respond to competition.”

Gladiator3 wrote:

Read if you are able too.

With the sale of MMG and MMC to Sensi Brands, GLH was able to strengthen its cash position while maintaining the right to sell its Chalice Farms products in Canada upon receipt of Health Canada approvals.