Replies to post #3286 on Chalice Brands Ltd (CHALF)

[Marillionaire]

I think the reason is they issued all those almost 200 million shares and diluted the stock , The New Ceo said he had to do it or it would have cost too much to settle the Debt with the ex ceo for the purchase of his Chalice Farms ,
The Reality is Cannabis companies today face one of three outcomes in a federally legal environment – survival, acquisition or dissolution. While the clear goal is to survive or be acquired, the unfortunate outcome for many will be dissolution - a natural process as this emerging market moves toward maturity. The cannabis industry a decade from now is likely to have a fraction of the 32,000 businesses in existence today. Of course, the industry will employ far more than its current 250,000 participants, will have impacted virtually every other industry as we know it, and is likely going to prove to be the best performing asset class in any well diversified portfolio.
I think the Chalice Farms Dispensary is a going to last and the have some brands that will thrive , im betting on the future here and continue to buy and average down

[G-OiL-D]

https://tradebrains.in/buy-when-theres-blood-in-the-streets/