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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 > NAME CHANGE AND STOCK SPLIT - WOW
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Post by unclebobie on Mar 09, 2021 11:11am

NAME CHANGE AND STOCK SPLIT - WOW

Hold on to your hats this is a radical shift. I am not exactly thrilled with the name change or the split. I understand the past history was an anchor and the consolidation of shares makes the stock more attractive to the US stock exchnages. My reservation stems from a resistance to change which is an emotional response rather than logical or pragmatic but I also have the belief that the low share cost made entry for newbies more attractive and thus making price surges easier.

I hope Mr. Yapp and the team know what they are doing. I have invested a lot of money in the belief that they do. So at present. I will hold my shares and my breath.
Comment by supermario on Mar 09, 2021 11:23am
I hear you. I am actually happy with the news. As the US is on a path to legalize our company will be positioned for funds to pour some money into this which will drive the market cap to where it should be. This is a great thing IMHO. We all knew it would come and would be part of the path forward. Our percent gain on our money invested will still be realized. This just solidified it ...more  
Comment by tidesout2 on Mar 09, 2021 11:28am
I wonder how long it will take them to get to over a billion shares outstanding this time ? A share consolidation is never good news, it just gives shareholders the finger while management continues on with a clean slate and buries it's dirty laundry.
Comment by deet on Mar 09, 2021 11:30am
My thoughts exactly. I'm giving the stock the finger and am out.
Comment by tidesout2 on Mar 09, 2021 11:45am
watch the share price drop now!!!
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