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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

Comment by clinch76on Apr 19, 2021 8:17am
137 Views
Post# 33020662

RE:RE:RE:RE:RE:RE:$1.38

RE:RE:RE:RE:RE:RE:$1.38

A split is neither good nor bad on its own. It is more a question of how new investors see it. 

High number of shares at less than .10 cents a share or low number of shares at over 1.00 a share (today GLH would be .065x 23=1.49)

Either way the company is worth the same as is my share account. Many investors  and funds won't touch penny stocks. 

Only person this for sure hurts is anyone who plays the 1/2 penny moves. Movements in a day will now be able to be up or down by reasonable %, not an all or nothing. Walls of buy and sells will be spread out. 

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