Chalice Brands Ltd CHALF

Healthcare Cannabis

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 > The future...

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Comment by Puffdragon6969on Aug 19, 2020 3:31pm

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Post# 31430248

RE:The future...

Yes there has been improvement in a few areas but the quarterly net loss of 2.95 million is still going to hold this down, still too much for 5.5 in sales.

SafeInvestor wrote: No question the quarter over quarter improvements are impressive and the sp isn't getting credit for the turnaround. Also agreed that trading at 1x earnings is a discount.

Regardless of what the fundamentals say and fair value been pegged at 2x current sp, GLH is suffering from something much more meaningful - investor fatigue turning to impatience.

It will take one of the following to turn this around:
- a significant analyst taking interest
- profitability (which we all hoped for in Q2)

Either way, this is a hold with a view to Q3 performance.