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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 jutah70on Apr 23, 2016 1:52pm
45 Views
Post# 24802639

RE:RE:RE:RE:RE:Something to think about: Newton's Law and Abraham Lincoln

RE:RE:RE:RE:RE:Something to think about: Newton's Law and Abraham LincolnMB, it's too bad we don't have a figure associated with the companies book value (like the machines, etc.).  Then one can further determine how mispriced this company is.  A lot was made of the addition of the machines when they announced it.  However, seems a lot of people have forgotten about them.  No doubt we see higher numbers due to their integration.  The question is to what extent.  I bought because I am curious to see that hand.

Once we begin to get a better picture of cash flow, then price targets will begin to firm up some potential upside targets.  As mentioned, I look that far down the road to when companies like this will be generating positive cash flow and distributing dividends.  But money will go to growth for quite some time.

Just because I am long the stock doesn't make me right.  And just because the price is below my ACB doesn't mean I am wrong. 
Bullboard Posts