Chalice Brands Ltd (CHALF)

[JimofRidge]

We have a company that is not just chasing deals that do not amount to real growth. It sounded great when we had plans to buy the California and Nevada grow facilities but it makes perfect sense to really focus on the medical cannabis 1st and then recreational. Having the ability and the equipment to produce CBD products will be a tremendous asset for our medical cannabis products. I also think just focusing on individual states is unprofitable and very restrictive. Canada gives us the foreign markets to distribute and grow our company. Trump will be the President for the next 5 years and Mitch McConnell will be the Senate leader. I do not see them changing their view on legalizing pot which would allow pot to be transported across state lines. Changing banking laws if helpful but doesn't go far enough to allow companies to just have regional grow centers servicing multi-state markets. Too much infrastructure and expense by being restricted to each State. Golden Leaf has got the correct analysis regarding how to best approach the cannabis market opportunities. It was interesting to see that some of the very well capitalized cannabis companies lost a lot of money chasing the wrong opportunities.