Chalice Brands Ltd (CHALF)

[JimofRidge]

No recreational Cannabis is worth producing since the Federal Taxes wipe out most of the profits. Better to adjust to producing what is legal than to keep dreaming that recreational pot will become legal in the near future. GLDFF already has its extration license and facility to produce its own line of CBD Chews and Oils. Bald Peak is being developed and will be ready by 3rd Qt 2019. Most of this cannabis will go into the production of CBD products. GLDFF does not have to buy CBD products from other producers so the profit margins will be very good. The new CEO has determined to change course and focus on what will bring in real revenue. Smart man! Far more capital is going into the CBD market than the recreational market. Having licenses for recreational pot will prove to be a money loser! Hemp -DerivedCBD will out pace all other Cannabis markets.Good to see GLDFF is not afraid to look ahead and not be blinded by foolish investments in licenses that will loose value every day that recreational pot is not legalized.