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Thanks for posting again. This is a well organized enterprise. Now with the right people in place I am confident we will begin shortly to earn net profits.
I wish we could learn more about the several high value initiatives that the press release noted.
Thanks for the update! Jeff Yapp is progressing just as initial stated. With all of the bad news regarding vaping, I am so glad that Golden Leaf has such a great CBD product line with chewables and oils.
I disagree but enough. We didn't merge why keep beating a dead horse!
What a laugh, DP performed a service, was paid for it with shares of stock whereas DP realized that was illegal and told them so. He did no such thing. It was uncovered during the Bankruptcy proceeding of IEAM in which he and his wife were both defendants. He sold the stock he got and never said a word to anyone. He was forced to pay back the money as part of the plea bargain which allowed him to avoid criminal prosecution. His actions along with the CEO and others forced IEAM into bankruptcy where the shareholders were wiped out of their investment. The plea agreement is in writing. Why don't you include that?
Best of luck to you too!
DP extorted the CEO for shares of stock which he and Amy sold. You are a full of BS. On the verge of opening up facilities- what a joke! Everything DP has done has underperformed. Our William Simpson did not go on a sabbatical. He was let go for almost costing Golden Leaf everything. There is no for sale sign just your normal BS
You never utter the actual reality. You do not produce CBD products! Always some BS, some justification some mumbo jumbo anything but what matters!
To the actual investors of Golden Leaf it was purposely done on my part to engage certain posters in order to " OUT " Their true motives. You can see how they defend the same company that we were so fortunate to have dumped when we terminated the proposed merger. I have never mentioned that company by name and knowing the posters I didn't have to. Just look at what happened yesterday on the Canadian Exchange over 3.1 million share volume with an increase of 14.29%. With a terrific pick for our new CEO who wants to present some new initiatives we have a very bright future.
Not even caring about MJ! Where is your production facility for your CBD product. You state that it is made exclusively for you but sounds more like a third party production from whom you are just reselling their product.It takes a real investment and additional licensing to be able to be a real CBD producer. But you have already said the CBD market isn't worth the effort but now you change your tune with a small retail shop. Spare me the BS.
Let me get my calculator out. 15,820 x .17 = 2689.40 Wow! Sounds like you are " All In! " Big Time Player!
To the real shareholders: What you are witnessing is what we went thru when the unfortunate merger was occurring. It was this type of obnoxious pest blogs that made all of us dig in and do whatever it took to dump any possible merger. We were successful!!! The low level of intelligence is easily overcome with just our outlining at every opportunity the steps Golden Leaf Holdings has take to ensure the company will do right by their shareholders and make every effort to get the best return on each dollar it invests. The OTC is only one exchange Golden Leaf is available for purchase. If you looked at the Canadian Exchange today it was up 14.29% with over 3.1 million shares exchanged! Golden Leaf Holdings does it all and is not just a retail store! Our ability to produce pot, CBD and Oil products, operate retail dispensaries and distribute world wide is what makes this company great!
Still buying from another company. Nothing great about that! What is really funny also is the fact that this in your mind is a big deal but you just posted that the CBD market is over saturated and is not important! This is a CBD only dispensary? You can't have it both ways. Critical of Golden Leaf's innovative CBD chews as not able to compete but now one dispensary is all important! I too am tiring of the feeble efforts of the losers of a failed merger who can no longer convince the bloggers on their site so now have decided to see if their BS has any life on our site!
Just confirming my post. A retail operation not a production operation. You are reselling someone else's products!!!!! BiG Deal!
Golden Leaf Holding on the Canadian Exchange was up 14.29 % with a trading day volume of more than 3.1 million shares!
Your company does not produce any CBD products. You can only resell! The CBD market is where the future is and we now have a CEO who will use his experience in retail and distribution to grow our revenues. When a company has to sell its dispensaries to stay alive and tries to say at home deliveries by vans is the way to go you have to wonder! California market is littered with product from the black market. Converting organic veggies is not happening anytime soon.
Classless remark! If you were a shareholder why the negativity?
New CEO has a terrific track record of accomplishment. Eat your heart out because all you have is DP and countless failures. Our only failure was a disgraceful attempt to have a merger with a lousy company!
Expertise is retail and opening up new markets! We have the product and now we have a visionary who can direct our marketing properly!
Still whining over the fact we dumped his company and didn't do the merger. Why else would he even state such negativity? These bloggers all have one thing in common. They whine, whine and whine!
If your only market is California and you currently do not produce any CBD products I guess this would be your only possible face saving response!
This entire proceeding came about because individuals including Peterson and his wife committed fraud and caused a company into bankruptcy which completely wiped out all the shareholders. If they had done the honest thing, they would have gone to the CEO, informed him that some of his employees were committing stock fraud and walked away knowing they had done a good deed. That didn't happen! They got over $300,000 from the sale of illegally obtain stock from the CEO as part of their agreement not to go to the authorities. They were named in the bankruptcy proceedings which was provided here and you can see what kind of fraudulent actions they were doing. There is nothing to defend here! What is missing is the final written agreement by the defendants ( their plea agreement ) that allowed them to escape criminal prosecution! Again I only present this info so our shareholders are aware of how this individual functions and that he has a negative agenda against Golden Leaf Holdings!
This is a small insert of the info because you selectively left out what the Petersons actual agreed to in the plea bargain. They were named as defendants in a fraud case that wiped out the shareholders when the company went bankrupt! They defrauded IEAM shareholders and investors. The CEO went to prison. Your summary presented is some paragraph and not from the court filed documents You continue to lie about the actual outcome. I only point this out so our shareholders are aware of you and how you operate!
I agree one will fail but it won't be Golden Leaf Holdings. Our assets have been put to work properly and are readying us for the CBD explosion in Canada in October. We have another CBD joint venture waiting for approval in California. State of Oregon has passed legislation to curtail the supply side of pot in Oregon. Our grow facilities ( Yes we actual grow pot ) are harvesting nice quantities and we are increasing our grow facility in Canada. We have talks underway with some European countries and are able to to do that because we are already multi-national! It must be difficult to swallow actions of retreat that include selling off dispensaries that had been providing some needed revenue. Not difficult to understand why a new company would buy your dispensaries and hope to make them work when your company gave up and decided to buy Delivery Vans instead! You stated previously that you own very little if any stock in Golden Leaf. This stock is not a day trade for .05 it is a stock for investors who appreciate the great efforts our management team and board of directors have undertaken to either be a great company on our own or team up with a worthy partner. The only issue you have is the # of shares outstanding. This will not affect our ability to generate a profit in the very near future. The ability to generate net profits will be very important for any future financial needs Golden Leaf will have to consider.
Your DD is BS and completely worthless! Do you know how to read the trial outcome decision summaries. Your CEO and his wife agreed to a plea agreement to avoid criminal prosecution. They had to return the monies that were illegally received! This agreement was all Golden Leaf needed to know the merger was a terrible idea. Thank you Magnum for providing all the great information!
Do you know how to read the public records that state in no uncertain terms that the CEO and his wife agreed to a plea bargain to avoid criminal prosecution. You are still trying to save face! You backed a company that thought it was so smart! They had lots of licenses and were going to be a home run when pot was made legal. Too bad pot is a long way off from being legal and now the company is reduced to selling off licenses just to keep their doors open. I find it amazing that someone would buy their dispensaries when you guys can't make them work. I guess anyone else can make them work or else why would they buy them?
I only wish this article was from Mitch McConnell. We are very fortunate that Golden Leaf is a Canadian company and can export its products world wide. We are already a CBD producer which will be the product of choice by most users. We have already developed this expertise and is not a path just recently hit upon like some failed cannabis companies. Some cannabis companies are now stating that they too will be offering CBD products. It will take a lot of time to get set up with the licensing, equipment and staff to pull this off unless they only plan to buy from an existing producer. Switching gears to CBD products is a lot like selling off dispensaries and switching to Vans for home delivery because that is all they can offer as an excuse of failed business plans. Golden Leaf is ahead of the curve and will see net profits in the very near term.
The plea arrangement to avoid criminal prosecution is available in the public records!!!!! Both the CEO and his wife were named in the indictment and in the plea settlement. I know you made every effort to distort the truth but thanks to Magnam the Golden Leaf shareholders were saved from the disaster of a merger!
Golden Leaf Holdings has developed tremendous grow facilities in Canada, Oregon and Nevada. Golden Leaf has likewise developed extraction facilities in Canada, Oregon and Nevada where they are producing CBD products and oils. Golden Leaf has developed many profit centers and is currently waiting for an approval for a joint venture for CBD products in California. Every dollar invested is seeing a very profitable return. Golden Leaf also has the ability to distribute its products world-wide thru its Canadian operation. Each Qt Golden Leaf is increasing its revenue and lowering its costs. Too bad if you only have one issue which can be corrected easily when the time is right. Any current company that is not right now ready to produce Cannabis and CBD products is dead in the water. Golden Leaf will ultimately find a successful partner to team up with since it now brings to the partnership not just paper licenses but actual profits to add to the relationship.
Anything but a lie! This post confirms you have been spinning this for a long time. There was a plea arrangement to avoid criminal prosecution and this plea eliminated any chance to be listed on the Canadian Exchange.
I have witnessed your blogs for another company for which you gave full support for every action ever taken. That company's share value dropped from $4 to $.35 in 18 months. Your remark here is typical of your façade of knowledge that should not be taken seriously. The other company is about to collapse since it has disposed of most of its revenue centers and again is trying to reboot and change direction for the umpteen time.
What is important is that this company has a management team that is always acting in the best interest of the company and not their own self interests. They issued very strong warnings with the financials about the nature of the industry and of the competition that they face. They continue to build infrastructure and profit centers that are not dependent upon stock valuation but rather upon acceptance by the consumers they are servicing. The future of the CBD industry and Hemp CBD industry is going to need strong suppliers of product and Golden Leaf holdings is gearing up for the task.
With all of the progress that Golden Leaf Holdings has made, it is too bad that some still have the need to find one weak fact and attempt to run a negative narrative. I appreciate the information some of our other shareholders have posted that have been informative and help keep me up to date on some info I may have missed. That is why I do come to this site! Otherwise I can always count on the OTC site which gives me a real feeling for how the stock is trending. The merger was killed off quite awhile ago too bad some still feel they have a right to act inappropriately!
You can always fix the share structure when that time comes. Golden Leaf has to fund multiple grow and extraction facilities and begin to see a positive cash flow first. Golden Leaf has actual facilities producing, extracting and retailing cannabis. The future for your real company is again subject to starting anew and trying to do somethings that will work. Good Luck! Just as you had kept an eye on Golden Leaf I also kept an eye on the failed merger cannabis company. I don't think as some do that everything that management did was devious but it certainly did not make the right decisions that would have grown the company properly. I think at this point it will result in too little too late and a sad outcome for its shareholders. Once the merger was terminated I ceased to put my two cents in which I felt was only fair to the existing shareholders.
I agree with the buy back however the cash available is needed to get the company to where it is making an a profit.
Golden Leaf has always been on track except for a lousy merger that thankfully was terminated. What has been a problem in Oregon is the over supply of product which the state legislature has addressed. The Federal Tax issue is also a difficult obstacle to overcome. Golden Leaf does acknowledge that there are some very well funded competitors that are going to be difficult to compete with but Golden Leaf has allocated its assets wisely. It will either be a player or a possible partner when the right opportunity arrives!
4th Qt 2019 the Canadian Extraction facility will be operational which will be ready for the kick-off of CBD products in Canada. By developing the grow facilities in Greenpoint Oregon and Sparks in Nevada, Golden Leaf will be able to supply almost all the cannabis it needs for oils and chews. Once the California deal is approved Golden Leaf will be selling CBD products there also. Doubling the grow at the Canadian facility will also be a major addition to revenue. Good thing Golden Leaf has everything coming together and is not reallocating assets because of prior miscalculations.
Bill # HB 2098 goes into effect Jan 2020. This Oregon bill greatly reduces the number of licensed retailers in the State. This will be an immediate help in improving the bottom line for our dispensaries in Oregon. In reading the reports Golden Leaf increased its Property Assets by 5 Million. This investment will produce lower costs for CBD products and result in increased revenue. This money was not used just to keep the doors open as is the case with some competitors. Golden Leaf Holdings is a Canadian company and has banking relationships in Canada. Banking relationships are not available to US based cannabis companies. It doesn't guarantee it will always obtain additional working capital but based on their current operations it certainly will be in a good position to acquire additional capital if necessary. The revenue product goals outlined in the financial statements are all conservative and are targeting the most sought after markets. Revenue from the sale of cannabis from Canada and Oregon is increasing and is expected to double in 2020. The statements also show a constant movement in lowering our costs while increasing our revenues. Not liking the share price but I am holding my shares since Golden Leaf is honestly striving to increase its revenues lower its costs and be honest wit its shareholders in discussing it's issues with the marketplace.
The .0355 is a 350,000 plus buy order with 999 filled.
How are those delivery vans working out?