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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 Jul 15, 2022 1:04pm
115 Views
Post# 34827372

When the financials are finally filed

When the financials are finally filedThere should be value for shareholders. I read an analysis this morning (Redhill) that average EV/Rev multiples in the cannabis industry have declined from 31 at the start of 2019 to 2.8 now. With a quarterly run rate that should currently be at US $10 million, or US $40 million per year, the EV should be around US $110 million Subtract whatever the debt is now ( financials are long overdue) and you've got what the market cap should be. Divide by 65 million shares? ( financials are long overdue) and I'm getting north of US $ 1.00 per share, or Can $ 1.35 per share.
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