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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 buysidebullon Aug 24, 2018 3:09pm
58 Views
Post# 28514462

RE:Kinda crazy to be selling but ok, guess I’ll buy more

RE:Kinda crazy to be selling but ok, guess I’ll buy moreI agree. Most of the volume has been on the US exchange for WEED (CGC on US) - but honestly, I hate the stock. I was in the bedrocan IPO, but I remember I hated that it was bought out by Tweed. Chuck rifici was a sketchbag

Its all hype over the beer endorsement/investment. However, now that Diageo (DEO) is looking at the same type of investment were gonna see other big players. I expect weed to fall back to earth after legalization. However, until then it will ride the momentum from US investors.

Weed is a pump and dump... cr@p corporate website, cr@p names for their strains... they will not be able to sell their massive inventories... they won't have capacity for quality assurance. Moldy weed? who knows... 
daveinvestor wrote:

Is WEED at almost $60 per share a better deal? Always good to be diversified I guess but there are much better deals than WEED for example GLH. I do not understand the appeal of WEED even with Corona’s endorsement.

Personally I would have not paid $30 for WEED but I guess many feel it’s a great deal, and this is my guess as to what could be happening. Many lemmings heading to the giants, just in time for the for great CDN POT surplus coming this fall. Plus there is always the day swing traders who feel their week is not complete until they make $50. 

All in all it’s still been a great week across the board. I’m still hanging on to my shares until US federal legalization. 

Here’s hoping next week continues with more blue sky news.

 

Good Luck Longs!



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