Chalice Brands Ltd CHALF

RE:RE:RE:RE:RE:News! 😊

[GideonO]

mixwhale wrote:

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.

I think your forgetting about the warrants when you mention 18% dilution - don't forget each share gets a full share warrant so dilution is actually double the number presented.