Golden Leaf Holding Ltd (GLH)

[cartonet]

16M for 2015 that is.

[cartonet]

What ever happened to the 3M a month and $16M total they were touting before? ouch

[flemsnopes]

Golden Leaf Holdings Ltd Announces Update on Details of Extracts and Edible Sales in Oregon and April Sales Revenue

http://goldenleafholdings.com/wp-content/uploads/2015/09/Golden-Leaf-Holdings-Ltd.-Announces-Update-on-Details-of-Extracts-and-Edible-Sales.pdf

[flemsnopes]

Here's your ball game, and it will likely lift all boats if the DEA eases even a little.

DEA Plans To Decide Whether To Reschedule Marijuana By Mid-Year
http://www.huffingtonpost.com/entry/dea-marijuana-reschedule_us_5704567de4b0537661881644

[cartonet]

Be good to see the report when it finally comes out....everything else is just fluff releases this days: How short was revenue of all their overhyped promises? Whats cash left / current burn rate? How long till next PP ? I see teens a coming fast

[flemsnopes]

GOLDEN LEAF HOLDINGS LTD. PROVIDES ANNUAL FILING STATUS REPORT

TORONTO, ONTARIO--(Marketwired – May 13, 2016) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH) is providing this bi-weekly default status report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On May 3, 2016, the Company announced that it had been granted a management cease trade order against the Company’s CEO and CFO (“MCTO”) by its principal regulator, the Ontario Securities Commission. The MCTO prohibits trading in the Corporation's securities by the Company’s CEO and CFO until the Company files the Required Filings and the MCTO is revoked, but does not affect the ability of Golden Leaf’s shareholders to trade in the Company’s securities.

As previously announced in the Company’s press release dated April 27, 2016 (the “Initial Press Release”), the application for the MCTO was made by the Company in respect of the late filing of the Company’s 2015 annual audited financial statements, its related management’s discussion and analysis, CEO and CFO certifications, and Ontario Form 13-502F1 (collectively, the "Required Filings"), which were required to be filed on or before April 29, 2016.

Pursuant to the provisions of the alternative information guidelines specified in Section 4.4 of NP 12-203, the Company reports that:

The Company and its auditor are in the process of completing the Required Filings and the associated audit work, which were delayed for the reasons discussed in the Initial Press Release.
The Company anticipates that the Required Filings will be completed on or before May 30, 2016.
There have been no failures by the Company to fulfill its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines.
There has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Initial Press Release.
The Company has not taken any steps towards any insolvency proceeding and the Company has no material information to release to the public.

The Company confirms that it intends to continue to satisfy the provisions of the alternative information guidelines described in section 4.4 of NP 12-203 for so long as it remains in default of the requirement to file the Required Filings. The Company has made the foregoing representations in accordance with the requirements of applicable securities laws.

About Golden Leaf Holdings:

Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in growing, extracting, refining and selling cannabis oil.
For further information, please contact:

Golden Leaf Holdings Ltd. Investor Relations:
John Aird
T: 416.725.6458
E:[e-mail]

Disclaimer: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the to filing of the Required Filings. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the early roll out of oils and edibles, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Copyright © *2016* *Golden Leaf Holdings Ltd.*, All rights reserved.

[flemsnopes]

GOLDEN LEAF HOLDINGS LTD. PROVIDES UPDATE ON AURORA SITE


TORONTO, ONTARIO--(Marketwired – May 12, 2016) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH) is pleased to announce that the build out and development of GLH's main campus and production center in Aurora, Oregon (the “Aurora Site”) continues on schedule. The Aurora Site will allow GLH to continue leading the field in various forms of extraction and enable further development of the Company’s branded products targeting relevant consumer segments in the recreational (adult use) and medical markets.

The Aurora Site is a newly consolidated extraction and refinement center, running five supercritical fluid extractors and two BHO extractors. GLH recently acquired a Pope Fractional Distillation machine for making solvent-free products that are currently in the new product development pipeline. The machine will allow the Company to complete further research and development in the refining of cannabis oil, in order to maximize its purity, potency and consistency.

The Aurora Site also houses new bubble-hash equipment for production of GLH’s new, premium bubble hash and rosin products. The first run of bubble hash just launched into the medicinal market, targets cannabis connoisseurs.

The Company has implemented an all-new quality control, testing and analytics lab at the Aurora Site and construction is underway on new office space at the main building to house all GLH employees. GLH is continuing development on a small cultivation center focused on innovative flower research and development.

The Company expects that its continued efforts to build out the Aurora Site facilitates will lower costs and create economies of scale in production. The Company expects this will provide it with a competitive advantage as the extraction industry evolves.

Don Robinson, CEO of GLH stated; “Having all of Golden Leaf’s staff centered in one location, will not only save on costs but also greatly increase productivity and efficiency. We are delighted at how the Aurora Site has turned out and I am confident that it will continue to get better.”

The Aurora site is presently limited to operations covered by the medical marijuana program, since the county in which it is located (Marion County) “opted out” of the recreational (adult use) program that will be deployed in Q4 2016. Fortunately, the “opt out” has been referred to the voters for the November 2016 election and based upon a public opinion survey commissioned by the Company to determine how much support there is for cannabis, management believes the public opinion is very much in the Company’s favor and the initiative to prohibit recreational (adult use) cannabis businesses is anticipated to fail. At the very least, regardless of the referendum’s outcome, the Company expects that Aurora should be able to be utilized as a medical grow site, although it would be subject to a substantial plant restriction under present law.

[cartonet]

More fluffery...

[flemsnopes]

Golden Leaf Holdings Ltd. Announces Major Brand
Relaunch for GoldenXTRX Product Line and Recent Awards

TORONTO, ONTARIO--(Marketwired – May 5, 2016) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH), is pleased to announce the unveiling of a new name and look for its award-winning GoldenXTRX brand of premium CO2 extracted cannabis oil products. Starting in late May, the Company is expecting to introduce a revised brand name, new branding, new packaging and new products across its entire dispensary network.

GoldenXTRX will be renamed Golden as part of a rebranding objective to better align the brand’s name with its future strategy and product roadmap. The high quality and innovative cannabis oil products that GoldenXTRX has built its reputation and brand platform on remains unchanged.

“We are excited to unveil our retail brand update, including the new Golden brand name that reinforces our position as the market leader in premium cannabis oil products. As we continue to grow, we’re modernizing the outward expression of the GoldenXTRX brand so that it connects more with consumers seeking aspirational and lifestyle oriented cannabis experiences,“ announced Bliss Dake, GLH’s Chief Marketing Officer.

New Packaging and New Products

In late May, new Golden packaging will launch in dispensaries across Oregon. The new packaging features a visually arresting design with its vibrant yellow color, alluring oil splash and innovative “peek-a-boo” packaging design offering a glimpse of the product within. The new boxes will still contain the same high quality CO2 extract that GoldenXTRX is known for.

In addition to the new packaging, the Company is introducing new CO2 extract product extensions that include a quarter gram vape cartridge and Starter Set to drive trial that comes complete with a one-half gram vape cartridge, battery and USB charger. GLH will also roll out new cannabis flower products under the Golden brand including premium, handcrafted pre-roll joints and bubble hash.

Don Robinson, GLH’s Chief Executive Officer stated, “With the upcoming launch on June 2, 2016 of early “Adult Use” sales of cannabis oil and edible products through medical cannabis dispensaries, we are well poised with our brand makeover and new product launches to capture the attention of new retail consumers. It’s expected that we have a large opportunity to increase revenue and growth.”

New Tagline and Branding

To create the most differentiated brand positioning for consumers with a focus on emotional benefits, GLH is introducing a new “Bliss Vape Pen” brand platform and tagline “No Higher Bliss.” The objective is to bring more energy to the brand with a new brand identity and positioning. To drive brand awareness and demand, GLH will leverage public relations, in-store demo programs and other marketing activities.

BMF Washington Wins Dope Award

GLH’s strategic partner BMF Washington recently won the DOPE Cup 2016 Washington Award for “Best Sativa Flower – Recreational Market” with its Liberty Reach Strawberry Mango Haze. The DOPE Cup is an annual competition and industry event organized by Seattle-based DOPE Magazine that stands for “Defending Our Plant Everywhere.”

About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.

For further information, please contact:

Golden Leaf Holdings Ltd. Investor Relations:
John Aird
T: 416.725.6458
E:[e-mail]

Disclaimer: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the early roll out of oils and edibles, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Copyright © *2016* *Golden Leaf Holdings Ltd.*, All rights reserved.

[cartonet]

Fluff news release to sugar coat CC made later yesterday with many hidden skeletons coming out. If this was US listed class action lawsuits would be flying already.
List of things they didn't tell us
This is why they should be fired:

- late filings
- restating financials
- shut down for 6 weeks
- issues at Aurora
- stopped producing Dixie product
- will need more money ( New PP coming)
- cant get a US listing

GLH only good for short term trades. Reality is longs are royally farked with this one, specially those that got in above 1 buck, they can kiss their money bye byeeeee !!!!

[flemsnopes]

Early Recreational Sales of Extracts and Edibles to Commence June 2, 2016 in Oregon

TORONTO, ONTARIO--(Marketwired – May 2, 2016) – Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE:GLH), is pleased to announce that the Oregon Health Authority (OHA), Oregon Department of Revenue and the Oregon Liquor Control Commission (OLCC) have announced that commencing June 2, 2016, medical dispensaries that are already participating in the early start program, will also be allowed to sell single serving low dose edibles, single receptacles of extract, and topicals to retail consumers.

Currently only flowers are authorized for retail sales to recreational customers in 339 medical dispensaries via the OHA early start program. This change allows for the addition of extracts and edibles to the earlier “Adult Use” sales of cannabis products through the Oregon Medical Marijuana Dispensary Program (OMMDP). The OHA will publish a revised set of temporary administrative rules later this week that will outline the regulatory compliance details.

Once these rules are enacted, Golden Leaf Holdings will be able to sell GoldenXTRX brand CO2 cannabis oil products, Proper brand BHO cannabis oil products and other cannabis based extracts and edibles to adult users.

The long awaited announcement is a welcomed development by the Oregon Cannabis Industry and represents a significant expansion of the retail cannabis market. As when early flowers sales commenced, GLH expects to see another sizable increase in overall cannabis sales. At the time of this announcement, the OLCC also stated that they are on track to roll out the formal recreational, “Adult Use” program in October. This will replace the early start program.

Don Robinson CEO stated, “This is absolutely fantastic news for GLH. It will allow us to service a significant portion of the retail market, that, to date, has been left out of the early sales program. We have the opportunity to increase revenue and resume our growth. The environment is finally starting to settle now that we have greater regulatory clarity.”

About Golden Leaf Holdings:
Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in extracting, refining and selling cannabis oil.

For further information, please contact:

Golden Leaf Holdings Ltd. Investor Relations:
John Aird
T: 416.725.6458
E:[e-mail]

Disclaimer: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company’s future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the early roll out of oils and edibles, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is provided herein for the purpose of presenting information about management’s current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
Copyright © *2016 *Golden Leaf Holdings Ltd.*, All rights reserved.

[wshaw14]

I have been watching and waiting for them to get a listing on a US exchange other than alternative reporting Grey Sheet so that I could buy in. I think it could go a little lower, but the predictions of the teens are based in wishfulness in my humble opinion.

[wshaw14]

You are correct and only about 10% of those were at under .50. Also add to that this document is nearly a year old. I see nothing negative in there and I have no dog in this fight.

[cartonet]

Couple next quarters will show up GLH needs to do another round of financing. It will get funded by all those that made out like bandits selling their 2 and 20c paper to retail suckers. This is a zombie stock heading to teens

[Rocketred]

anon still unloading cheap paper as somebody got way to much cheap paper

over time they will gone and then glh can move back up the ladder

[cartonet]

Great stuff from SH....


According to RR, anon has dumped just under 12M shares since October. Great friend of the board, banx, indicated about 29M total shares have traded since October (as of 10 days ago)... let's add about 2M shares traded over the last 10 days, so that is 31M total... about half of the original float.

Forgetting all outstanding cheap options, warrants and any share sold over the current price level... there were about 25M shares issued at 2 cents and another 25M issued at 20 cents. Combined that's 11 cents a share.

Only my personal opinion... I need to see at least 19M more shares sold before some sort of price equilibrium is arrived at. Until it happens there is a very high risk that the price continues to trend down and/or collapses into the teens.

[ILuvblo2]

10 m warrants is not a huge amount at least

[cartonet]

Apparently volume above 1 or 50c was never enough for warrant holders to exercise their warrants.... they saw it as too risky , see if GLH gets better luck with the 20 or 2c ones now that 1 and 50c are already under water

[ILuvblo2]

250-400k shares traded each day over last week is volume

[cartonet]

Apparently none because lack of volume. They just dumping the cheap shares

[Randy1111]

It was on everyones radar back in January. Now its off the radar and will continue to be and their fins wont change that IMHO

[ILuvblo2]

Converrting to cdn $ that's a pretty good deal. Am curious to see how many warrants and options have been exercised over the past quarter. I bet most got exercised when it was around a dollar.

[ILuvblo2]

Randy wait for earnings announcement I think end of this month. This will put them on everyone radar!!!

[cartonet]

this from a post on stockhouse, very good re-cap:




If anon finally runs out of shares at lower levels:



You have level 50 warrants to deal with...
Private placement investor (Jun-Nov 2014) 13,427,250 $.50 CAD Jun-Nov 2017

Then you have level 54... Peter Saladino 31M shares

Then you have level 67... up to 10M in debentures that can be converted at 67 or less over the next year and a half. 15M shares or more.

The game will be played under or at least around those caps for some time. Get used to it. You have time to accumulate.


Common Shares issued and outstanding 61,654,292

Issued April 8, 2014 - Founders Shares 13,565,666 $0.02 CAD
Issued May 12, 2014 - consideration for purchase of assets 4,850,000 $0.02 CAD
Issued June 2014 - private placement 1,457,500 $0.20 CAD
Issued July 3, 2014 - financial services 900,000 $0.02 CAD
Issued Jul-Sep 2014 - private placement 19,302,500 $0.20 CAD
Issued Oct-Nov 2014 - private placement 8,884,500 $0.20 CAD
Issued Oct 16, 2014 - legal services 1,000,000 $0.02 CAD
Issued Feb-Mar 2015 - private placement 221,000 $1.00 USD
Issued March 31, 2015 - consideration for purchase of assets 200,000 n/a
Issued April-June 2015 - private placement 6,898,500 $1.00 USD
Issued July 21, 2015 - financial services 199,850 n/a
Issued Aug-Sep 2015 - private placement 1,037,000 $1.00 USD
Issued Jul-Nov 2015 - CEO employment contract (vesting) 277,778 n/a
Issued Jul-Sep 2015 - distribution services 200,000 n/a
Issued Oct 2014 - legal services 500,000 n/a
Issued Oct 2014 - private placement 1,010,000 $1.00 USD
Issued Oct 6, 2015 - Longacre shares (amalgamation) 775,000 n/a
Issued Oct-Nov 2015 - warrant exercises 295,000 $0.50 CAD
Issued Oct-Nov 2015 - warrant exercises 50,000 $0.20 CAD
Issued Oct-Nov 2015 - option exercises 30,000 $0.20 CAD

warrants 31,289,418

Private placement investor (Jun-Nov 2014) 13,427,250 $.50 CAD Jun-Nov 2017
Warrants issued - consulting fees (April 2014) 853,000 $.02 CAD Apr-19
Warrants issued - legal fees (July 2014) 250,000 $.20 CAD Jul-17
Warrants issued - consulting fees (Oct 2014) 652,625 $.20 CAD Oct-17
Warrants issued - legal fees (November 2014) 250,000 $.20 CAD Nov-17
Warrants issued - brokerage commissions (Nov 2014) 542,400 $.20 CAD Nov-17
Warrants issued - consulting fees (Jan-Mar 2015) 4,075,000 $.20 CAD Jan-Mar 2018
Warrants issued - management consulting (Jan 2015) 1,000,000 $.20 CAD Jan-18
Warrants issued - consulting fees (Nov 2014) 500,000 $.50 CAD Nov-17
Warrants issued - security services (Jan 2015) 100,000 $.20 CAD Jan-18
Warrants issued - private placement fees (June 2015) 50,000 $.20 CAD Jun-18
Warrants issued - debt Financing (March 2015) 50,000 $1.00 USD Mar-16
Warrants issued - management consulting (June 2015) 1,500,000 $1.00 USD Jun-16
Warrants issued - private placement fees (June 2015) 365,860 $1.00 USD Jun-18
Warrants issued - Property Consulting Fees (June 2015) 200,000 $1.00 USD Jun-18
Warrants issued - Property Consulting Fees (June 2015) 200,000 $5.00 USD Jun-18
Warrants issued - Loan Interest Expense (July 2015) 26,000 $1.00 USD Jul-18
Warrants issued - Employees (July-Sept 2015) 1,008,333 $1.00 USD Jul-Sep 2018
Warrants issued - consulting fees (July 2015) 210,000 $1.00 USD Jul-18
Warrants issued - private placement fees (Sept 2015) 208,950 $1.00 USD Sep-18
Warrants issued - debt financing (Sept 2015) 145,000 $1.00 USD Sep-18
Warrants issued - private placement investor (Oct 2015) 3,000,000 $1.00 USD Oct-18
Warrants issued - private placement investor (Oct 2015) 1,500,000 $.50 USD Oct-18
Warrants issued - distribution services (Oct 2015) 1,175,000 $1.00 USD Oct-18

options 5,471,944

Issued Jan 2015 2,410,278 $0.20 CAD Dec-24 Issued Jan 2015 33,333 $1.00 USD Dec-24 Issued Feb 2015 108,333 $1.00 USD Jan-25 Issued April 2015 170,000 $1.00 USD Mar-25 Issued May 2015 150,000 $1.00 USD Apr-25 Issued June 2015 750,000 $1.00 USD May-25 Issued July 2015 600,000 $1.00 USD Jun-25 Issued August 2015 900,000 $1.00 USD Jul-25 Issued September 2015 200,000 $1.00 USD Aug-25 Issued October 2015 150,000 $1.00 USD Sep-25

Other 1,722,222

**not sure what these refer to. May have to do with the previous employee lawsuit

Convertibles 2,190,000

Issued March 2015 500,000 $0.20 CAD Mar-16
Issued September 2015 1,690,000 $1.00 USD Sep-17




Read more at http://www.stockhouse.com/companies/bullboard/bullboard/c.glh/golden-leaf-holdings-ltd#qPBUL51kZdmjUmBZ.99

[cartonet]

You nailed it, 39 cents as I type. Free fall before earnings release, something smells rotten here...

[cartonet]

Heres how I think this will play out: next financials will still show a big loss same as previous one, sell off will speed up, 20 a 2 c cheap paper holder will be busy getting what they can, other retailers throwing in the towell, 20c might be in the cards by June. That could be a decent entry point provided they start making some money and it shows from 1Q/2Q releases

[cartonet]

Pump paper play, still a lot of cheap (2c and 20c) paper and warrants to chew through.

[Randy1111]

Is there any reason to be excited about this ?
I saw this on BNN when they interviewed someone in January
He chatted like this was going to be there big player in the MJ oil game.
It promptly jumped for a couple weeks then promptly jumped to about where it is today.
I guess it couldn't keep up with all the hype.
Now it looks like its struggling to stay over .40
Not a good thing

[cartonet]

20c might be a decent entry point by summer IMO

[wshaw14]

I dont know why you are using 16.62M. There were $12M shares for 30,769,777 shares which works out to .38999 per share. There is also an option for additional shares at .39.

Mr. Saladino has acquired ownership of 30,769,777 common shares of GLH (the "GLHShares"), representing approximately 32.5% of the 94,540,673 issued and outstanding GLH Shares, and 250,000 common share purchase warrants of GLH (the "Warrants"). Each Warrant entitles the holder to purchase one GLH Share at a price of US$0.39 until March 11

The GLH Shares acquired by Mr. Saladino were acquired from the Issuer as payment of the US$12,000,000 (C$16,620,000) portion of the purchase price payable to Mr. Saladino in connection with the Strategic Partnership.

I am not saying this is a bad investment. I am simply saying as a Grey sheet in the USA it will go nowhere. I also would not buy it myself right now at more than .39.

http://finance.yahoo.com/news/peter-saladino-announces-holdings-golden-211346347.html

[Rocketred]

30,769,777 x .54 = 16.62 mil

really don't care who buys any shares

[wshaw14]

Looks to me like (by dividing the $12M by the number of shares he got it was .39 per share. I am betting the debentures were also based on that price. So if it reaches the .39 range I will consider buying. I do not like companies that short sheet investors. Most folks also do not like grey market stocks. That is where golden leaf is trading in the USA. If they want actual trades in the USA they need to upgrade their OTC presence.

[cartonet]

GLH & MCC The Billionaires Club !!! weeeeeeeeeeee

[cartonet]

Back to 50c, weeeeeeeeeeeeeee

[wshaw14]

OK, I understand now.Thanks/ How many shares were issued in the private placement and at what price. I have not been around in a while.

[Rocketred]

For the Washington deal he got
price is .54 cents

Collectively, the GLH shares and warrants acquired by Mr. Saladino represent approximately 32.7 per cent of the issued and outstanding GLH shares, assuming the exercise of the warrants. The GLH shares acquired by Mr. Saladino were acquired from the issuer as payment of the $12-million (U.S.) ($16.62-million (Canadian)) portion of the purchase price payable to Mr. Saladino in connection with the strategic partnership. Mr. Saladino did not own any other securities of the issuer prior to the above transaction. Mr. Saladino may from time to time acquire additional securities of the issuer, dispose of some or all of the existing or additional securities he holds or will hold, or may continue to hold his current position.


GLH got building worth 15 mil US plus 20 acres plus Washington License

[wshaw14]

So it looks like they sold nearly 31M shares @ .19 per share?

[Rocketred]

GOLDEN LEAF HOLDINGS LTD.
EARLY WARNING REPORT FILED PURSUANT TO
NATIONAL INSTRUMENT 62-103
A. Name and Address of the Offeror
Peter Saladino (the “Offeror”)
6067 Atlas Place SW
Seattle, WA 98136
B. The designation and number or principal amount of securities and the offeror’s
securityholding percentage in the class of securities of which the offeror acquired
ownership or control in the transaction or occurrence giving rise to the obligation
to file the news release, and whether it was ownership or control that was
acquired in those circumstances
On March 15, 2016, the Offeror acquired ownership of 30,769,777 common shares (the
“GLH Shares”) of Golden Leaf Holdings Ltd. (“GLH”), representing approximately 32.5%
ofthe issued and outstanding GLH Shares, and 250,000 common share purchase
warrants ofGLH (the “Warrants”). Each Warrant entitles the holder to purchase one
GLH Share at a price of US$0.39 until March 15, 2018.
Collectively, the GLH Shares and Warrants acquired by the Offeror represent
approximately 32.7% ofthe issued and outstanding GLH Shares, assuming the exercise
ofthe Warrants.
C. The designation and number or principal amount of securities and the offeror’s
securityholding percentage in the class of securities immediatelyafter the
transaction or occurrence giving rise to obligation to file the news release
The Offeror holds 30,769,777 GLH Shares, representing approximately 32.5% ofthe
94,540,673 issued and outstanding GLH Shares, and 250,000 Warrants. Collectively,
the Offeror has beneficial ownership of 31,019,777 GLH Shares, assuming the exercise
ofthe Warrants, representing 32.7% of the issued and outstanding GLH Shares on a
partially diluted basis.
D. The designation and number or principal amount of securities and the percentage
of outstanding securities of the class of securities referred to in paragraph C over
which:
(a) the offeror, either alone or together with any joint actors, has ownership
and control,
See paragraph C above.
(b) the offeror, either alone or together with any joint actors, has ownership
but control is held by other persons or companies other than the offeror or
anyjoint actor, and
Not applicable.
(c) the offeror, either alone or together with any joint actors, has exclusive or
shared control but does not have ownership.

[Randy1111]

TORONTO, ON--(Marketwired - March 14, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE: GLH), is pleased to announce the closing of its previously announced private placement of convertible senior unsecured debentures of the Company (the "Debentures") which were issued at a price per Debenture of C$1,000, for aggregate gross proceeds of C$5,863,000 (the "Offering"). The Offering was completed through a syndicate of agents led by Dundee Securities Ltd. and including Liberty North Capital Corp. as an advisor to the Company.

The Company intends to use the net proceeds of the Offering for funding of the previously announced strategic partnership with BMF Washington LLC and for working capital purposes.

Don Robinson, CEO, stated, "We are pleased with the success of the private placement that will allow GLH to implement our strategic initiatives both in Oregon and Washington State, which will in turn significantly impact our sales and bottom line moving forward."

The Debentures and underlying common shares will be subject to a statutory hold period in Canada of four months plus one day from the closing date pursuant to Canadian securities laws. The securities mentioned herein have not been and will not be qualified by prospectus for sale to the public under applicable Canadian securities laws and will be subject to transfer and selling restrictions in certain jurisdictions, including the United States and Canada.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

About Golden Leaf Holdings:

Golden Leaf Holdings Ltd. is one of the largest cannabis oil and solution providers in North America. It's a leading cannabis products company in Oregon built around recognized brands. GLH leverages a strong management team with cannabis and food industry experience to complement its expertise in growing, extracting, refining and selling cannabis oil.

Disclaimer: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Company's future business operation, expectations of gross sales, the opinions or beliefs of management, and future business goals. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to general business, economic and competitive uncertainties, regulatory risks including risks related to the expected timing of the early roll out of oils and edibles, market risks, risks inherent in manufacturing operations and other risks of the cannabis industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is provided herein for the purpose of presenting information about management's current expectations relating to the future and readers are cautioned that such information may not be appropriate for other purpose. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

For further information, please contact:
John Aird
Investor Relations
Golden Leaf Holdings Ltd.
T: 416.725.6458
E: [e-mail]

Sponsored Content:


Read more: http://www.digitaljournal.com/pr/2867811#ixzz42sjSNAKR

[Rocketred]

Oregon Cannabis: The Merger of Recreational and Medical has Begun

By Vince Sliwoski on March 9, 2016

Posted in Business Basics, Medical Marijuana, Oregon, Recreational Marijuana


Welcome to the second piece in what will be a four-part series on the new Oregon marijuana bills, all of which came out of the recently concluded short session. This entry surveys enrolled SB 1511, one of two omnibus bills that make significant improvements to the Oregon marijuana regime. For the other omnibus bill, check out our take on HB 4014, which opened Oregon’s cannabis industry to out-of-staters.

Last year we wrote that Oregon’s medical and recreational programs likely would not stay separate forever, and SB 1511 is a big step in conflating the two. SB 1511 is known as the “co-location” bill, because its marquee change allows recreational marijuana licensees to register with the Oregon Liquor Control Commission (OLCC) to produce, process, transfer or sell pot for medical purposes. This provision adds to overlap that began with sales of marijuana flower under the “early start” program that began last fall.

Regarding early sales, SB 1511 allows medical marijuana dispensaries to sell edibles and extracts to all adults 21 or over, though with daily limits, prior to the establishment of retail marijuana dispensaries this fall. There is no start date given for this provision, but sales should take effect soon. In a key step, both OMMP cardholders and their caregivers are shielded from taxation at retail. This safe harbor addresses concerns about the costs of medicine increasing with many growers now eyeing the recreational market.

For both markets, the rules require the Oregon Health Authority (OHA) to adopt rules establishing single serving THC limits for consumers with and without valid OMMP registration cards (the current limits, in effect through June 28, are here and here). It will be interesting to see if Oregon sticks with the cautious 5mg/serving 50/mg container limits for edibles, or takes a more enterprising approach.

SB 1511 also touches on agreements between and among growers, patients and caregivers, which have always been a cornerstone of the medical program. Going forward, marijuana produced under personal agreements will be exempt from mature marijuana canopy limits, but OMMP possession limits still apply. For growers moving to Oregon’s recreational program, the new possession limits are stayed until April 1st, depending on when the grow site was registered, and subject to certain reporting. For growers staying in the medical program, the relevant date is May 1st. Growers applying for OLCC licensure must now follow new rules for notifying patients of the change.

In a piece for local governments, cities and counties may adopt ordinances allowing medical dispensaries or marijuana retailers to be located within 500 feet of schools if the local government determines a physical or geographic barrier separates them. Somewhere, the League of Oregon Cities may be gritting its teeth. Come back soon for our summaries of Oregon’s final two marijuana bills: SB 1598 and HB 4094.
http://www.cannalawblog.com/oregon-cannabis-the-merger-of-recreational-and-medical-has-begun/

[cartonet]

so funny, those numbers are BS cause they assume 60m outstanding shares when reality is it goes way beyond 100M when all cheap warrants and options are accounted for. there are lot at 2.5 and 20c , I will get the lists out here later for everyone to rely on actual numbers, not BS

[Rocketred]

That message may be good but for me hard to visualize.

Let me edit it

..........................Revenue.............Valuation............Ratio
Supreme...........$0.......................$40.......................n/a
Organigram.......$1.4....................$44.5...................31.785
Mettrum.............$2.......................$54......................27
Aphria................$2.68..................$80.5...................30.03
Aurora.................n/a....................$60........................n/a
Canopy..............$3.5....................$284....................81.143
Golden Leaf.......$3US ($3.9).......$37......................9.487

So - if we ignore Canopy we have and average of about 30

Sharp increase in GLH profits are expected but $3.9mil X 30 = $117

$117 divided by $37 (now) = 3.16 times lower than the rest so...

Current price of 60 cents X 3.16 = $1.90 per share with current revenue

To be equal with Canopy the stock would have to be 60X12.333 = $7.40 per share

Conclusion - Buy GLH and go short CGC - or just short CGC

according to these numbers that is....


http://www.siliconinvestor.com/readmsg.aspx?msgid=30498961

[Rocketred]

NO PESTICIDES ON BMF Washington’s flower

its all good stuff that BMF supplied Uncle Ike's


http://www.thestranger.com/slog/2016/03/10/23686478/the-fallout-from-pestgate-continues-with-more-upsetting-blind-test-results-of-weed-laced-with-pesticides

[Randy1111]

Finance Closing Today Or Monday .
Been in the works for a while, timings right
cheers

[cartonet]

No Money Honey.... this GLH turd looking worse by the day!

[Ayeyou]

Oh Oh !!! Cant close financing and running out of cash. Had to amend Washington deal.....

SOURCE: Golden Leaf Holdings Inc.
March 04, 2016 08:30 ET
Golden Leaf Holdings Ltd. Announces an Update to the Washington Asset Purchase Agreement and Recent Changes to the Board of Directors

TORONTO, ON--(Marketwired - March 04, 2016) - Golden Leaf Holdings Ltd. ("GLH" or the "Company") (CSE: GLH), would like to take this opportunity to update shareholders regarding its strategic partnership (the "Strategic Partnership") with BMF Washington LLC ("BMF"), and recent changes to the Company's Board of Directors.
As previously announced, the agreement between BMF and the Company called for BMF to receive $15 million USD in connection with the Strategic Partnership within 45 days of the transaction closing date together with the issuance of 300,000 warrants exercisable for a two-year period. Under the terms of the agreement, the Company was required to pay $12 million USD in stock and the remaining $3 million USD in cash. BMF and the Company have entered into an amending agreement pursuant to which $1.5 million USD of the cash component of the consideration will be payable in installments over the next 9 months provided that the Company has sufficient cash flow, with a final maturity date of January 14, 2017. The balance of the cash and equity consideration will be payable upon closing of the Company's previously announced convertible debenture financing. The amended payment schedule enables GLH to use the outstanding balance for working capital, focusing on driving sales in both Oregon and Washington State

[Ayeyou]

Careful there Rocket you seem to be upsetting people. In this crazy world you never know how far people can go.

RE:StockMktLotto disappeared
You're being reported yourself, you PIECE OF SHHIT! I don't know who you are but bragging about having accounts suspended is bullshiit. I'm just a guy who owns the stock. You're a manipulating scumbag who either works at Stockhouse or has a "buddy" clicking buttons for you. Either way, I'll eventually get in touch with your boss and you'll be terminated, @SSHOLE!

I'll also be filing a complaint against you and Stockhouse with the OSC to-fcking-day!

Go ahead and have this account suspended too. I'll sign up for a new one within the hour, PIECE OF SHHIT!

Rocketred2015 wrote:
Multiple names on Stockhouse Stockhouse catching these crooks now


Read more at http://www.stockhouse.com/companies/bullboard/bullboard/v.oee/memex-inc#2RJC1qrvpHZciLwH.99

[Ayeyou]

Its fricken WEED only poor inexperienced growers have to resort to spraying all that toxin on it to get a crop. They should hire a decent grower or just get out of the biz. Selling people tainted weed is just not right if not actionable.

[cartonet]

I ll go with some Anthrax on my weed, thanks !!! lmao

[Ayeyou]

Rocket and Heinz banned for being dicks. LMAO !!!


Ban List for Microcap Kitchen Canadian Stocks

Banned Banned on Moderator's Reason for Ban

heinz44 03/02/2016 10:14pm Disrupting the board.

Rocket Red 05/30/2014 12:54am This individual is abusive, rude and has attempted to discredit several members of this thread. I feel it is in the best interest of the members of our thread and SI to ban this person from our thread.