ThursdayJun 10, 2021 10:29 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Earns BUY Rating, Coverage from Fundamental Research Corp

New report cites new management, very good customer ratings and record revenue in initiating CHAL coverage Chalice Brands acquisition of Homegrown Oregon also noted CHAL’s consistent increase in financial numbers key to BUY rating as well A recent Fundamental Research Corp. report has initiated coverage of Chalice Brands (CSE: CHAL) (OTCQB: CHALF) with a BUY rating and a fair value estimate of C$2.46 (https://ibn.fm/W7HfD). CHAL closed at C$1.37 on June 8, 2021.  Chalice is a leader in retail, marketing and craft cultivation supported by fully integrated processing and distribution. “New management has demonstrated their ability by significantly growing the company’s revenue…

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WednesdayJun 02, 2021 12:01 pm

QualityStocksNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Announces OTC Ticker Symbol Change Effective June 3, 2021

Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announced a change in the company's stock symbol trading on the OTCQB(R) Venture Market. According to the update, the company's common shares will trade on the OTCQB under the symbol "CHALF" effective June 3, 2021. The previous trading symbol was "GLDFF." To view the full press release, visit https://ibn.fm/3igfR About Chalice Brands Ltd. Chalice Brands is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution, and retail, with 12 dispensaries in Portland, Oregon.…

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TuesdayJun 01, 2021 2:55 pm

QualityStocksNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Leveraging Retail for Pulse on Consumer Preferences, Trending

Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), a consumer-driven cannabis company in medicinal and recreational marijuana market segments, greatly values its customers. To this end, the company looks at its Chalice Farms retail outlets, located in Portland, as a source of instant customer feedback. In addition, the company has committed to creating a differentiated, inviting and engaging customer experience through an approach to running its retail stores that is similar to the Apple store model. A recent article quotes the company’s CEO Jeff Yapp as saying, “Our retail stores provide a daily report as to what products are working best and…

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TuesdayJun 01, 2021 12:43 pm

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Leadership Team Working to Deliver on Show-Me Story

Quarter growth, cash flow key metrics indicate company moving in the right direction Chalice reported record quarterly revenues from continuing operations of $5.5 million, increase in gross profit margin “Continued profitable operations and accretive acquisitions should set us up for a record-breaking second half of 2021,” says CEO In a past Bloomberg video interview, Stonecastle Investment Management president Bruce Campbell commented on Golden Leaf Holdings (https://ibn.fm/g4jct), a premier consumer-driven cannabis company that earlier this month finalized a name change to Chalice Brands (CSE: CHAL) (OTCQB: GLDFF). In his comments, Campbell outlined what he felt needed to happen in order for…

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ThursdayMay 27, 2021 11:38 am

Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Acquisition Strengthens Company’s Footprint in Leading Cannabis Market

CHAL finalizes acquisition of five HomeGrown retail dispensaries Strategic move provides exceptional geographic compatibility with Chalice The fact that Homegrown is profitable makes this a highly accretive acquisition for GLDFF’s earnings per share In a state that is paving the way forward for cannabis, Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), previously operating under the name Golden Leaf Holdings Ltd., is making its mark. The company recently announced a transformational acquisition that brings a chain of five Oregon-based retail dispensaries under the Chalice umbrella (https://ibn.fm/GF674). The dispensaries, previously owned by SMS Ventures LLC, known as Homegrown, are located in Portland, Salem and…

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TuesdayMay 25, 2021 10:58 am

QualityStocksNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Releases Q1 Financial Report

Chalice Brands (CSE:CHAL) (OTCQB:GLDFF), formerly Golden Leaf Holdings Ltd. and a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has reported its financial and operating results for first quarter 2021. Report highlights included Record quarterly revenues from continuing operations reaching $5.5 million, a 18% year-over-year increase compared to the same period in 2020, which totaled $4.7 million; gross profit of $2.5 million for the quarter, or 45% gross margin, compared to $1.7 million or 37% gross margin in 2020; and adjusted EBITDA of approximately 7%, or $370,000. In the report, the company noted that its gross…

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