GREY:CHALF - Post by User
Comment by
DeeperValueon May 05, 2018 8:56am
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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)
Feel free to add...