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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
Comment by DeeperValueon May 05, 2018 8:56am
134 Views
Post# 27986710

RE:RE:Just saying hi

RE:RE:Just saying hiThanks for sharing! 

GLH has a lot going for it if you take the time to look.  Unlike others, this is a company has operated in a competitive fully rec market for years.  Now they're entering all the biggest markets, expanding on the model they have determined is most effective.  That is, vertically integrated licenses with a focus on owning brands and maximizing distrbution through Chalice Farms dispensaries.  

Very early days for the company with the following in the pipe: 

-Canadian Harvest should be occuring presently and Sales License this month or next
-OR processing license in June which should double margins on their revenue ($14M in Q4 2017, but now with 2 additional dispensaries), bringing to cash flow positive
-Completion of OR greenhouse resulting in enough production to supply all Chalice locaions with bud and material to pair with their processing license (next couple months?)
-More info on previously announced bill protecting states rights legalization supported by Trump
-Nevada retail license (already leases secured contingent on receiving license)/other NV expansions
-More info/progress on Cali deal (vertically integrated portfolio of licenses with 2 retail licenses)
-More info on the 35-45 franchise locations (starting in Canada) and what theyre doing with that $25M franchise fund
-Changing of Washington residency laws now that the feds are loosening up and integration of BMF (~$1M/mo in additional revs)

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