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Bullboard - Stock Discussion Forum 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. see more

GREY:CHALF - Post Discussion

Chalice Brands Ltd > PT 0.38 +324% upside
View:
Post by GideonO on Feb 10, 2021 8:45pm

PT 0.38 +324% upside

I noticed Stock twits has absolutely gone nuts over this stock in the last few days.  alot of people asking about price targets - somone posted 0.38 but didn't offer any sources which got me curious.


I had a look around and I found a couple of sites showing 1 anaylsts PT of 0.38

https://ca.investing.com/equities/golden-leaf-holdings-consensus-estimates

https://www.wsj.com/market-data/quotes/CA/XCNQ/GLH/research-ratings

that would put us at a market cap of just over 400 Million and a revenue multiple of around 14x - based on the expected numbers for q4 which is not outside the ballpark by what alot of companys are trading at multiplewise - and this doesn't take into account increased revenue over the next 12 months.
Comment by peterdeane on Feb 10, 2021 9:37pm
Thanks....  
Comment by Big_C on Feb 10, 2021 11:01pm
You're right! Lots of interest there and they are getting more followers. 1,316 as of today and after reading some posts they are bullish and gaining new members.  https://stocktwits.com/symbol/GLDFFhttps://stocktwits.com/symbol/GLDFF   slowly gaining traction too on Reddit. I agree with really good earnings and sales report can cause this to go.  Just need a good news ...more  
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