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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

Post by PortlandBlazeron Jan 27, 2022 3:29pm
134 Views
Post# 34368167

The past is prologue to the future

The past is prologue to the futureI've written about the growth in revenues, gross margins, operating margins and net income over the past eight quarters. I've written about the balance sheet, with debt just 79% of equity, and the improving liquidity. All of the data came directly from www.SEDAR.com. Really, really basic stuff, but way beyond the Basher Who Goes By Many Names. But the past is merely prologue. Now add Canabliss, bought in Sept 21 for $6.5 million at 80% of rev. Apply CHAL GM of 45%, and compute new operating income. Now add the Superstore opening within 90 days (read the press release on SEDAR and get updated from Form 7 on the CSE). Do the math, and you'll see why the management team are putting in the time and effort. Analyze the historical financials, and then add what has already been announced for the future. I own hundreds of thousands of shares, and sleep very well at night.
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