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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 gramaraon Nov 24, 2016 7:56pm
64 Views
Post# 25511463

RE:RE:RE:Mondays 3rd qtr numbers

RE:RE:RE:Mondays 3rd qtr numbersI did notice that BMF went from 37% of total revenue to 53% of total revenue from Q4 2015 to Q1 2016 so it's possible that this quarter they may make up a larger portion than 50%. Let's say it increases by the same amount (16%) again this quarter - we would have BMF as 69% of total revenue.

BMF = 2358797 /0.69 = 3418546 USD

3418546 x 1.35 = 4,615,037 CAD


So the proportion of the total made up by BMF can make a pretty big difference. I actually would be surprised if it were as high as 69% as I don't really have any reason to think it would be that high and the two previous quarters are hardly enough to identify a real trend, but this at least gives an idea of the range we could be looking at.



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