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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 SepiJMon Jun 27, 2022 1:23pm
112 Views
Post# 34785082

RE:RE:RE:questions regarding recent trading halt

RE:RE:RE:questions regarding recent trading haltHey, Heywood. Thank you for your response. I'd like to retract my statement about a new CFO hired around the beginning of 2022. After some research, the resigned Andrew Marchington had previously left Chalice Brands, then returned full time. This was announced in the youtube Q3 release of 2021. I apologize for the mistake. As you know, marijuana companies accross the entire sector have been struggling, unfortunately. The lack of discussion regarding legalizing at the federal level from the government isn't helping either lol.

It's interesting that you've been in this situation before at a more personal level. I've never actually experienced this before and am very eager to learn what happens next. I've certainly never owned positions of a company that has been delisted. Hopefully none of us have to experince that from Chalice lol.

As I posted earlier, plenty of short positions held (~750k). If things don't go south, that's a ot of shares that need to be bought back given the average daily volume.

I'm curious if you or anyone else happens to know: if positions are held on the Canadian halted side, can these positions be sold on the American side?

Thank you!
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