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 NevadaRayon Jul 14, 2017 2:51pm

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Post# 26470607

RE:When it comes to GLH I'm only thinking 1 thing right now

Hey Doobie, how come Chalice didn't have any bad luck? Maybe ask Don, if you get the chance. I asked and never received a reply )))

Hi-Fi Farms didn't have issues. Certainly Select Brand had no issues last year, as they took over in retail outlets

doobiebaby wrote: How will they fund future growth? That is the only question on my mind right now.

I'm not too worried about them going broke as some suggest...at least not right now. I think Chalice's revenues will add quite nicely to GLH's current and improving revenue streams. And this cash should keep the wolf away from the door for a bit.

What I'm really concerned about is GLH's ability to fund growth in Vegas and to build out Oregon, Washington, Colorado, California, etc.

I did not buy GLH because I wanted to own the best small little producer in Oregon and a couple of other places. I bought in because I want them to compete directly with Canopy for supremacy as the world's biggest cannabis company.

If GLH has Canopy's war chest of cash right now watch out. But raising capital at 28 cents a share sucks. So how do these guys get the money to fund rapid future expansion and what do those plans look like. How much cash do they need to do Nevada the way they want? How much do they need to expand out in Oregon? What about California coming up?

If they can't scale and grow then they get bought out. Getting bought out is maybe not such a bad thing, but I'm wondering if these guys have a shot to really be something. To be a real player I think maybe they need:

1. To get lucky. I think they have been unlucky so far in many ways and they need to catch a break on the government side that shows an opening in cannabis policy. If that happens then accessing capital may not be as difficult.
2. If they can't get lucky then they just have to be great. They need to show those revenues and hopefully get buy in for another $50 million or so to keep pushing upwards.
3. If they can't be great then they need to be bought out or fester as a little profitable company that could have been great.

What do you think?