Chalice Brands Ltd (CHALF)

[JimofRidge]

Our share price will continue to fluctuate until we reach positive earning levels. I have always viewed this as a company that was going in the right direction and nothing has changed in what they are doing. Everyone thought that once Canada went legal everyone would see a boom for the entire industry. It is still a problem earning a profit in the US because of the Federal Tax issue. Doesn't matter how many states legalize or that Congress is looking to change laws. Hemp is the only legal product and will remain the only legal product through Trump's 2nd term. Focusing on CBD products, medical cannabis and Canadian production will provide Golden Leaf a path to profitability that few other companies have. For some other competitors, 2nd Qt results could spell disaster especially if existing assets are being liquidated just to provide needed cash needed to keep the doors open. Selling existing assets will decrease revenue growth going forward and if losses are still mounting up its only a matter of time before it's game over! Golden Leaf has been experiencing fantastic revenue growth and has plenty of capital to keep heading in the right direction.