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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
Post by blueboyon Nov 28, 2016 8:57pm
96 Views
Post# 25525017

Re-reading the BMF investment...

Re-reading the BMF investment...it certainly reads like a takeover, except for the growing licenses themselves since they cannot legally be transferred to GLH at this time.  That is why BMF still exists as a stand-alone entity, I think - so they can continue to grow using their licenses. 

There is no accounting that I can see as to where the BMF revenues go, although with it looking like a takeover, I should think the BMF revenues go to GLH somehow.  I just wish they showed up in today's financial reports somewhere.

BB
Bullboard Posts