Chalice Brands Ltd CHALF

RE:RE:RE:Why all the fuss

[mathandmass]

ACBCRZMARIMYM wrote:

mathandmass wrote: Agreed. Terra can be whatever but GLH is no superstar. Just look at the graph. Despite steady revenue growth, despite the Canadian license, it still slipped all the way down to 0.19CAD. Maybe Terra Tech has a lot of swag but no company, but GLH is the other way around - really undervalued, completely sucking at self-promotion. In my opinion SP under 0.30 is a ridiculous. It should be in the 0.30-0.40 range. So I would say any news is good news.

When we compare GLH /Simpson to Terra Tech / Peterson...yes GLH is a superstar. 

BLUM dispensery is a joke surrounded by homeless shelters

Their "brand" IVXX was in 200 stores in 2015, today zero stores.

They sell lettuce at a constant loss.

All Terr Tech management filed personal bankruptcy, except for one guy, who then resigned because he objected to company practices. (he was a bit more decent than his colleagues at Terra Tech)

I skimmed through that article and I'll tell you this. I appreciate Alpha trying to do some digging and unearthing some things, but there is one problem that always plagues investigative journalism - personal bias. When you set out on a mission to tell the world how somebody is not a great, you get carried away (cause you are passionate and want to do a good job) and you end up totally demonizing them by the end. They basically pile everything together for greater effect but there are relevant and irrelevant things in that pile.

Personal bankrupcies - don't care. Many successful businessmen did. Personal vs corporate - different things. You can't be a high risk entrepreneur and never lose any money and not have any debt. Just not how it works.

Homeless encampment somewhere in close vicinity to a dispensary. Totally irrelevant. Do you want to know where all the unlicensed dispensaries were located in Toronto? Never more than a couple of hundred meters away from a shelter or some sort of homeless hangout. So what? Any major urban area is peppered with them. That's the reality of 2018. The dispensaries still all made millions of dollars and are laughing now. Unlike licensed producers who could not sell for the whole year and now the can but there is a backlog of orders and Canada Post wants to strike. Don't be afraid of some homeless folks. Be afraid of Canada Post. Have you heard of Venice Beach in LA? Look it up. It's still very much LA and all the tourists go there and find it adorable and quirky and so do Hollywood people.

I know one thing, Terra offers something somewhat closer to the real value of GLH stock unlike the market currently. And it's a bit silly too, cause everyone's been obsessed with Canadian companies. Most of them just barely started selling in a rather ill-fated launch and are galaxies away from making $20M/year in sales revenue. GLH makes slow but steady progress in the US market which is actually a much better an healthier market. Without crazy hypervaluations and all-at-once ill-prepared launches, but with 10 times the population. Yet everyone is buying Canadian companies that they hope will make some good sales in 2019 (cause 2018 is pretty much over). Well damn!. LOL