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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 markgreenon Jun 02, 2022 2:19pm
142 Views
Post# 34727258

For every $1 Chalice owns, it owes >$68 in debt due NOV 2022

For every $1 Chalice owns, it owes >$68 in debt due NOV 2022We know that no financial report was presented, a late filing, or none filing of the annual financial statements, we know that a new debt was created and all the liquidity was inputted in a new acquisition AGAIN, for more stores and a new platform, then IROCC stopped it all and we presume..(or hope) that they are investigating the misconduct of the administrators/owners/directors/founders and debtors (being all the same people) that took place over the years. It's a big mess and i doubt that we can recuperate, but miracles can happen. It's a Canadian public venture company that was emptied with acquisitions by American interests in multiple private companies in Portland Oregon. The debt is uncontrollable and only interest are paid regularly to the same people mentioned earlier that are our debtors. There, that's about what we know and the case.
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