Chalice Brands Ltd CHALF

RE:Lots Of Fear On The Board

[NevadaRay]

Nice post. I can chime in a tad on Canada. Today, we operate as a consultiing firm. They take very good care of people and have a law team down the road if needed Revenues come from the likes of Tweed, Aphria, Maricann, Aurara, ect ect ect .  MMGC gets paid !

We now also have a footprint in this tiny market called Canada.

buylowsellhi007 wrote: Since the deals have closed Team Fear has been hard at it.

Let’s remember this is the same group who said the company was bankrupt in the summer/fall of 2016. Yet the Company raised more money than ever before in the fall.

Then we heard that the company would be bankrupt by Christmas. Didn’t happen.

Then in early 2017 said they would never be able to raise any money to close out the deals they had signed for Nevada, Chalice and Canada. But they did.

Then in the spring of 2017 because the deals didn’t close on time that they would never close and have to be re-negotiated at worse than prior announced terms. But they closed as outlined.

Let’s not forget the AGM meeting a place where the company can’t hide and must face the toughest questions. No one from Team Fear showed up. Wonder Why?

All while repeating the same mantra for 6 months now. Stock is going to crash, doors are going to close. And the stock are for the most part bounced around .30 Cents.
 
So where are we going….

Revenues have returned to a stable baseline and are rising again.
All before Nevada and Chalice get blended in going forward.

We are likely to see 2-4 more stores open by year end. One in Portland and one down Highway 5. With two in Nevada to gain a foot hold there. Very reasonable assumption as Chalice was growing on their own and now has access to capital and Nevada market to operate within.

We will also get a likely surprise in California.

Not sure about the Canadian deal as of yet.

From the NA side of the MJ world the industry in NA is continuing to grow and more states will open doors this fall which at some point will represent a tipping point for mass acceptance of MJ business in NA. This will bring more investors and an eventual valuation boom to the marketplace. The early established companies will be rewarded.
Not unlike has been experienced in Canada.

It’s all about promotion, timing, investor mania and the chance to make money.

For those still chanting Jeff Session and the FED. You’re wasting your time. The FED will keep its laws in place for the most part. They are not going to give up their rights to prosecute wrongful players in the MJ world. They will continue to allow the states to develop their markets and leave the legal, legitimate, tax paying businesses alone. The benefit to the FED is as the market grows with legitimate companies the less illegal MJ that comes into the country and more importantly money not leaving the USA.

America First Baby!!!

No country in the world can create a market or stock boom like the USA. They did it with the internet, then housing, moved recently into and through oil fracking industry. They love a market that they can make money from. When MJ hits the tipping point watch out.

As this plays out we are left with a contrarian investment while GLH who are obviously not trying to draw attention to themselves expand and move forward quietly.

The people holding the bulk of the shares and or insiders do not have a history of playing the short game. Don’t believe me do your DD on them.