|
|
News and Publishing Service for
Cannabis Related, Canadian Companies
|
|
CanadianCannabisWire LimeLight of The MONTH is
Chalice Brands Ltd.
(CSE: CHAL) (OTCQB: CHALF)
|
Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) is a premier consumer-driven cannabis company powered by the Chalice retail and consumer brands. Chalice Brands takes a diversified approach to growth through innovation, strategic partnerships and retail expansion, as well as a brand portfolio focusing on health and wellness. The company features best in class retail cannabis experiences backed by cultivation, processing and developing wholesale distribution. With over 160 employees, Chalice
Brands is one of the largest cannabis operators in Oregon. The company holds licensing in Oregon, as well as partnerships for manufacturing and distribution in California. Its current product portfolio includes recognizable brands such as Chalice(TM), Elysium Fields(TM), GOLDEN(TM), Jackpot(TM) and RXO(TM).
Brands
Chalice Brands offers an innovative product line that addresses current market needs and looks forward to meet emerging trends. The company’s goal is to offer something for everyone through the wholesale and retail marketplaces. Its current product offerings include:
Chalice(TM)
The Chalice Farms(TM) brand is focused on how cannabis enhances lives and ignites purpose. By offering the highest quality of cannabis in an array of flower, extracts, oils, edibles and full-body care products, the brand provides full efficacy in both the retail and wholesale markets. The Chalice Farms team has over 100 years of combined cannabis experience and continues to be an industry leader for both medical and recreational cannabis use – providing state-of-the-art farming
practices, excellent retail and complete product innovation.
Elysium Fields(TM)
Elysium Fields(TM) is a “soil-to-oil” craft cannabis brand intended for cannabis connoisseurs who want the highest quality THC and boldest terpene flavors. Made from small-batch live resin, Elysium Fields creates an experience described as a remarkable entourage effect. The C-Cell cartridge has a 30% strain specific HTE with a 70% high THC distillate. The resin is created from a sustainable, organic garden flower that is flash-frozen upon harvest to preserve the terpenes for a
heavenly experience.
RXO(TM)
RXO(TM) features Chalice Farms’ purest and most versatile Rick Simpson Oil products. RXO was developed by the Steele brothers in collaboration with medical professionals and is a potent, strain-specific Ethanol Hash Oil (EHO) purified through a proprietary process. Through this process, various consumption methods can be accommodated, including edible, topical, sublingual and smoking (shatter and vape).
GOLDEN(TM)
GOLDEN(TM) offers a wide variety of craft cannabis products for a diverse population of cannabis users. Sourced from the finest raw materials from local growers, GOLDEN products are high-quality and innovative. Premium cannabis distillate vaporizer cartridges and fruit chew edibles made from organic ingredients are made using the most flavorful terpenes for enhanced health, wellness and enjoyment. Products are distributed online and through Chalice Farms or other dispensary partners.
Jackpot(TM)
Jackpot(TM) products offer a powerful combination of flavor and potency. With 70% THC content in each cartridge, Jackpot adds full-spectrum cannabinoids and flavorful infused terpenes in short-run limited strains for on-the-go fun seekers. The quality hardware of the cartridges makes them easily recyclable and guarantees to produce a large volume draw each time.
Investment Considerations
- Chalice Brands Ltd. is licensed in Oregon and Nevada, with partnerships in manufacturing and distribution in California.
- The company offers full lines of cannabis products grown organically and by local growers.
- The company offers production, processing, wholesale distribution and retail operations within the cannabis industry.
- Chalice Brands achieved record revenues in the first quarter of 2021, reporting $5.5 million for the three-month period for an 18% year-over-year increase. The company also achieved its second consecutive quarter with positive adjusted EBITDA, building on its momentum from 2020.
- The cannabis market is forecast to achieve a CAGR of 18.1%, climbing to a value of $73.6 billion by 2027.
|
Receive SMS Text Alerts from CanadianCannabisWire
Text "CCWIRE" to 77948
(US Mobile Phones Only)
|
Recent Coverage
InvestorNewsBreaks - Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Executes Another Record Quarter with Focus on Profitable Operations, Accreditive Acquisition
July 6, 2021 8:30 AM
Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today pre-announced its unaudited financial results for the second quarter 2021. Among the highlights, the company reported highest-ever record quarterly revenues from continuing operations of $6.8 million, a 23%
year-over-year increase compared to $5.5 million for the same period in 2020. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition a Homegrown Oregon,” said Jeff Yapp, CEO and president of Chalice Brands. “The integration of Homegrown and the adoption of our vertical products within the new stores is ahead of schedule. The staff are highly engaged and motivated to be part of the Chalice family. The whole
team is energized and focused on growth as we showcase our brand portfolio nationally and remain dedicated to our ‘crawl-walk-run' strategy.”
To view the full press release, visit https://ibn.fm/A7Tk2
|
About CanadianCannabisWire (CNW)
CanadianCannabisWire (CCW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CCW introduces private and public companies to a wide audience of investors, consumers,
journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CCW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CCW is where news, content and information converge.
|
Stay Informed
Bookmark the CCW newsroom page in your favorite browser to stay up to date on all the latest Canadian cannabis news.
|
Connect With Us
Follow us on social media for the latest news and information from our network of brands and clients.
|
|
|
CanadianCannabisWire
40 King Street West, Suite 1700-CNW, Toronto, ON M5H 3Y2 (905) 674-5977 |
|