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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 PotStockeron Dec 01, 2015 5:26pm
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Post# 24344624

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dilution at 86c

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dilution at 86c
SmallCapRiches wrote: I asked my broker if a company trades on the Canadian exchange and then later starts to trade on the otc. Where do the shares come from? Do they have to issue new shares for the otc? No. They don't investors can choose what exchange they trade on from the existing shares. So I don't think there will be any new shares to trade on otc.


Yes, what you said it true.

But for GLH case, they need money. I think they need to raise at least 20M$ new money to carry its way out to profitable considering the debts it has, and if they really want to be aggresively expanding.

Anyway, it does not matter now, because this company can sell its product. That is everything we are here for.


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