Golden Leaf Holdings Ltd. GLDFF Archives - Page 2 of 3

TuesdayApr 27, 2021 1:05 pm

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Record 2020 Revenues of $21.9M

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced its results for the fourth quarter 2020 and the year-ended December 31, 2020. Among the highlights, the company reported record total revenue of $21.9 million for FY 2020, a 39% year-over-year increase compared to $15.8 million for FY 2019. “2020 was the culmination of the transition we began in 2019. We set a course for positive cash flow and achieved that goal with support from vendors, commitment of our staff, executives, and directors,” said…

FridayApr 23, 2021 10:51 am

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Second Annual Record-Breaking 420

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating under Chalice Farms, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, has seen a 43% increase in recorded daily 4/20 revenues and a 68% increase in the past two years on the same store footprint. That growth comes as the company eyes additional partnership marketing opportunities in the Oregon market, including a vendor collaboration program, which the company piloted during the 2020 holiday season. In the announcement, the company noted that collaboration and co-marketing partnerships were at the heart of this year’s 420 performance, which saw the…

FridayApr 16, 2021 9:53 am

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Plan to Release Q4, FY 2020 Report

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating under Chalice Brands Ltd., a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, will release its financial report for fourth-quarter and fiscal year 2020 on Tuesday, April 27, 2021. In conjunction with the release, the company has also scheduled an investor conference call. The call, which is slated to begin April 27, 2021, at 4:30 p.m. EDT, will be hosted by GLDFF executive chair John Varghese and CEO Jeff Yapp, who will report the company’s financial results for the year ended Dec. 31, 2020. Participants can call 1-877-407-0784 from the…

WednesdayApr 14, 2021 3:30 pm

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) to Galvanize Behind Chalice Brand in Proud Resurgence

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a consumer-driven cannabis company in medicinal and recreational marijuana market segments, recently announced plans to implement an official corporate name change (https://ibn.fm/cfxhY). The company intends to change its name to Chalice Brands Ltd. at its annual and special meeting (“AGM”), which is slated for May 10, 2021. “With the hard work of the turnaround behind us, we continue to gather momentum and galvanize management behind the Chalice brand,” said CEO Jeff Yapp in a recent update. “Our Chalice Farms stores and our Chalice chews are the pride of our business. As we put…

ThursdayApr 08, 2021 1:25 pm

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Closes on Majority Ownership of Plant-Based CBD Skincare Brand

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has closed on the purchase of its majority ownership in Fifth & Root Inc., a California-based, nationally recognized CBD skin-care brand. Fifth & Root noted that it hopes the move will allow the company to provide innovative CBD products nationwide through the largest and best beauty retail partners in the country. The purchase agreement noted that GLDFF will pay total consideration of up to $1,687,500 for 80% ownership of Fifth & Root. The consideration will consist of $250,000 cash payment…

WednesdayApr 07, 2021 1:34 pm

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Plans to Change Corporate Name to Chalice Farms Ltd.

Company will seek approval for name change at Annual General Meeting scheduled for May 10, 2021 Name change symbolizes company’s resurgence as relevant contender in U.S. cannabis industry. Company currently operates seven Chalice Farms dispensaries throughout the Portland area. Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a proven, consumer-driven cannabis company in both the medicinal and recreational marijuana market segments, is planning to make an official corporate name change (https://ibn.fm/gVGzW). The company announced that it will be changing its name to Chalice Brands Ltd. at its annual and special meeting (“AGM”), which is slated for May 10, 2021. “With the…

TuesdayMar 09, 2021 1:45 pm

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Planned Name Change, Upcoming Meetings

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, plans to change its name to Chalice Brands Ltd. and will seek approval of the name change at is upcoming annual and special meeting (“AGM”); the meeting is slated for May 10, 2021, and will be held virtually. In addition to the name change, the company leadership team will request approval for a share consolidation intended to bring the common shares outstanding to approximately 65 million post the consolidation. The company anticipates approval and support for these requests, details of…

FridayMar 05, 2021 11:31 am

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Shifts into Growth Mode with Recent Fundraising, Acquisition Announcements

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF), a Portland-based cannabis company widely recognized for its Chalice Farms stores and products has raised approximately $8.7 million and recently signed a letter of intent to acquire a store chain in Northwest Oregon, both indications that the company is shifting into a growth mode with a focus on Oregon markets. In a recent article, Golden Leaf Holdings CEO Jeff Yapp noted that the company was waiting to reveal the name of the chain of store pending a definitive purchase agreement. When the deal goes through, Yapp noted, GLH will use monies from…

WednesdayMar 03, 2021 1:28 pm

QualityStocksNewsBreaks – Why Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Is ‘One to Watch’

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) is a premier cannabis company powered by the Chalice retail and consumer brands. A recent article discussing the company reads, “GLH 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, GLH 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…

FridayFeb 26, 2021 10:54 am

QualityStocksNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Enters LOI for Accreditive Acquisition of Retail Chain

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced its entry into a non-binding letter of intent (“LOI”) to acquire a multi-store chain in Northwest Oregon. According to the update, the stores are expected to generate at least US$10 million in annual run rate revenue (based on unaudited January 2021 results) and had a net operating margin of 11% (unaudited) during fiscal 2020 (under U.S. GAAP). “The acquisition of this retail chain will be transformative for GLH, as it would further cement us as a leader in…

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