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

Bullboard Posts

Comment by NevadaRayon Nov 03, 2017 1:08pm

88 Views

Post# 26901681

RE:RE:Tidal wave of good news begins

Agreed Bo ! On both counts.

Dear Mr. Winch, please resign

BoJackson777 wrote: Nice post, but let me correct you on two things:

1. Alex Winch is a complete and utter tool (trust me on this)
2. Those Oregon occupancy permits delays are ridiculous and costing us over a million a month. Isn't this supposed to be King William's turf? W.T.F is taking so long?

PortlandBlazer wrote: The company delivers.

Las Vegas license to sell, the Nevada license to cultivate and process, and capital to make it happen. Check.

Canadian acquisition completed, which suggests to me management and directors are highly confident of the imminent Canadian license, and capital to make Canadian roll out happen, and from there exporting to world markets. Check.

Oregon expansion through retail Chalice store brand and through owned-product brands, and capital to make it happen. Check.

Cleaned up balance sheet, with no meaningful near-term triggers. The remaining C$2.96 million of debentures due April 2018 can easily be repaid from cash on hand, or converted as the share price rises. Check.

Management with proven record of delivering results. Check.

Board with proven track records in retail brands (Bob McKnight), consumer marketing (Michael Cohl), marijuana grow and entrepreneurship (Peter Saladino), big public company leadership (Gary Yeoman), investing in public capital markets (Alex Winch). and small company entrepreneurship and culture (Gary Zipfel). Hell of a team. Check.

Only remaining uncertainty is what is happening in Washington State, and what is happening with federal laws in Washington DC.

Looks to me like a great bear trap has been set. The naked short group out of Houston has got to be nervous. The escalating outrageousness of the posts on SH evidences the desperation. This is starting to be fun to be a shareholder. GLTAL.