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.

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Chalice Brands Ltd

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Post by Tony501on Nov 21, 2017 9:14pm

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Post# 27008215

Guys take a position in LDS!

The company is finally starting to get some recognition for the fact they have a vertically integrated, fully legal, state-of-the-art cannabis grow and manufacturing facility in California (not to mention a patent pending fast acting cannabis strip technology with an ~80% margin that they can make 500K units of in a day). California recreational sales are starting in ~40 days.

LDS has been shipping product this whole month and will announce first month revenue figures in early December. The run you are witnessing is like the anthem before the baseball game. We've not even started the ball game yet. Just extrapolate today's run to when LDS starts reporting month-over-month revenue growth and California starts recreational sales.

Look at a 12 month chart and realize that we are about 20 cents below where we were last year this time. Anyone buying at today's levels is basically getting a free ride off the patience of the die-hards that have slugged this out for the last year.