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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.


GREY:CHALF - Post by User

Chalice Brands Ltd > News! 😊
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Comment by mixwhaleon Feb 17, 2021 11:24pm
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Post# 32592793

RE:RE:RE:RE:News! 😊

RE:RE:RE:RE:News! 😊

GLH is floating a lot of shares currently so adding potentially about 18% shouldn't be a big deal, not that anyone likes dilution...but if it gets GLH into strategic positioning to continue to increase net gains then ya. These placements are better overall when the stock price is higher IMO.

Almost all weed companies have been losing money with high overhead and debt, but this avoids that. As the market opens up more and more in the US this could change the whole pot dynamic. I like the acceleration clause as well. Guess we'll see how the market reacts. I'm curious if it will be fully subscribed and how quickly. There was another potstock I looked at today that had 2.5 billion shares, but I can't recall which one it was.

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