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Another penny stock to add to your watchlist otcmkts: gldff, Golden Leaf Holdings Ltd. The company distributes and sells cannabis oil flower products throughout the U.S. It primarily offers products under a private stash, Jackpot, Golden, Elysium Fields, Chalice, and RXO brands.
Golden also engages in ownership and administration, renting real estate, capital equipment, and intellectual property. It also participates in hemp processing activities and operates six dispensaries under its Chalice Farms brand. The organization was formed in 2014 and is currently based in Toronto, Canada.
Golden is a leader in consumer-driven cannabis who specializes in production, wholesale, processing, distribution, and retail.
The company currently has seven dispensaries in Portland and Oregon. The company is actively increasing a dynamic portfolio around Chalice Farm’s recognized brands, with its primary focus on health and wellness.
Currently, the markets they serve include California, Washington, Oregon, and Nevada.
About otcmkts: gldff
Golden believes the key to success in this fast-growing industry is to keep up to date with the market demands, offering effective and innovative products. The company’s retail operations provide daily interactions with customers, ultimately informing them on what works and what is in demand.
The company’s product line addresses the current market. Still, it seeks out emerging trends to enter the market early with unique products.
otcmkts: gldff focus their efforts on retail and wholesale markets with products that offer something for everyone.
The company continually cultivates new customers and users. Their products are innovative. The customer does not have to know about the cannabis products; they choose their desired outcome, more energy, sleep, or overall calm and recovery. These effects-based products are available in carts or edibles.
The company quickly realized a market demanding high-dose edibles and created a 50mg chew named Blast, containing ten times the most popular chew potency. Blast is a success, especially with the experienced user. The company offers the ability to bring the optimal product to individuals regardless of their cannabis knowledge or experience.
otcmkts: gldff continues to expand its product lines through research and development and its relationship with customers. They are discovering that the information is an invaluable resource for ideas and new lines.
otcmkts: gldff strives to be a leader in the market in all aspects of cannabis. With its growth facility in Canada, its mission is to be on the cutting edge of innovation through the facility.
Golden launched Chalice Farm through many years of experience. Its founder William Simpson spent over eight years learning for the best growers in the industry. He discovered the plant’s full potential during that time. This initial focus has grown into a production operation in the industry.
The Bald Peak operation is a grow facility outside Portland. It implements some of the best techniques in developing, using advanced water systems and state-of-the-art equipment.
The facility is taking a bold step forward in curating premium cannabis products.
The company has plans to expand into other states and countries. Golden is staying ahead of the curve with its versatile and dynamic operation, which will be a future advantage. The company’s hands-on knowledge in producing premium cannabis puts them ahead of the pack.
Focus On Retail
otcmkts: gldff use retail to understand the current marketplace state. Throughout their stores, they have 3D presentations of the brands, offering instant feedback from the customers. The stores provide daily reports on what’s working or needing improvement. This gives the company up-to-date information on trending in the marketplace. The company uses retail as a resource in their development of product lines to meet consumer demand.
The company plans to add a coffee bar in the front room to make Chalice farms a community destination. It will provide consumers with a friendly safe feel, to become educated and informed about the cannabis products.
The company’s product specialists are rigorously trained in the products offered throughout their stores. The experts are prepared for first-time users or experienced users. They are updated regularly in new product lines, which Golden feels is critical for their experts to know each product extensively.
The team offers quality products to a wide variety of consumers, from user effects carts to strain-specific uncut oil. The nutritionally enhanced fruit chew appeal to all users. The company is a premium brand for health and wellness together with recreational enjoyment. The expanding product line offers premium quality to consumers.
This brand offers craft cannabis to a wide range of users—these high-quality products delivering optimal value sourced from local growers and producers available throughout Chalice Farms retail outlets.
Stores are offering vaporizer cartridges, fruit chew edibles, and cannabis oils for enhanced wellness and enjoyment.
This brand is an entertainment destination cart for fun-seekers. The brand offers high potency combined with rich flavors.
This brand has therapeutic broad-spectrum cannabinoids and terpenes infused with flavor for high potency and maximum enjoyment.
otcmkts: gldff Stock Price
Golden is currently trading at 0.0485 and has increased by 1.4644% at the article’s time. The company’s 52-week range is between 0.0095 – 0.0881, with a volume of 148.521.
Golden does not have an earning date at this time. No PE Ratio is available for the company, with a market capitalization of 42,38 million. The company does not offer a dividend yield.
Golden Leaf Holdings News
otcmkts: gldff Intend to Change Their Name To Corporate Name to Chalice Brands Ltd
The company announced that they would change their name to Chalice Brands Ltd. They plan on seeking approval for common shares outstanding, which are roughly $65 million. The company expects overwhelming support on its name change from the Annual and Special Meeting held on May 10, 2021.
Jeff Yapp, the CEO, commented the company is gaining momentum behind the Chalice brand. Our brand and our stores are the pride of the company. The company will put the Golden Leaf era behind them and change its name, which will serve as a relevant contender throughout the U.S cannabis industry. Our home market in Oregon will ultimately drive the company.
John Varghese, Executive Chairman, commented. Golden also announce that considerable equity amounts totaling $3,675,000 plus interest. The vote of confidence in management supports this transaction into a company growth story. The company expects a complete conversion of the debentures before maturity, strengthening the company’s balance sheet.
Golden expects the release of its 1st quarter 2021 earnings to report on May 21, 2021. The company will announce the final date and time for a conference call and filings.
otcmkts: gldff Announces Changes to Board of Directors
The company announced Scott Lawrence Secord’s appointment to the board of directors, and Carl will be appointed as an observer. This increases the board of directors to seven.
Rick Miller, Lead Director, commented We are pleased to appoint these key members to our team. The company will look forward to Scott’s experience in the cannabis industry and Richard’s expertise in the capital markets. These candidates bring a vast amount of knowledge and expertise to the public company board and audit committee.
otcmkts: gldff Announces Final Closing of Non-Brokered Private Placement
The company announced its non-brokered private placements have now closed. The company will receive C$10,375,154.
John Varghese, Executive Chairman, commented. This placement’s completion provides the company with the financial ability to complete its transformational retail acquisition. It leaves the company with sufficient capital for smaller additional investments.
otcmkts: gldff Completes Eighty Percent Acquisition of Plant-Based CBD Skincare Brand
The organization is pleased to announce its purchase of Fifth & Root, Inc, a nationally recognized skincare brand based in California. Fifth & Root are available online and throughout significant retailers including, Nordstrom, Urban Outfitters, and Ulta Beauty.
Jeff Yapp, the CEO, commented This would ultimately expand its reach and visibility as we continue to accelerate our strategic approach. Golden will also look forward to the eventual legislation of cannabis.
Fifth & Root company platform will ultimately position the company to capitalize on the evolving marketplace. Fifth & Root is a leader in CBD beauty products and offers clean and innovative products. The company is excited to add them to our product portfolio. It looks forward to growing the CBD skincare market brand.
Fifth & Root Founder and Abstrax CEO commented. Golden leaf has a strong relationship with Abstrax, together with a highly skilled management team. The company has continued expanding its product lines and markets with a critical focus on quality and innovation. As golden expands its reach, we hope that the new partnership allows them to provide CBD products nationwide.
Leilah Mundt Founder of Crème Collective, commented. Fifth & Root brand was designed to appeal to customers with the need for innovation and exceptional formulas. Each formula is alive with terpene blends smelling incredible. The formulas are also a proven delivery system containing active ingredients. Our main goal was to mirror all these fantastic features throughout our branding.
Golden believes the key to success in this fast-growing industry is to keep up to date with the market demands, offering effective and innovative products. The company’s product line addresses the current market. Still, it seeks out emerging trends to enter the market early with unique products.
otcmkts: gldff is a market leader in the cannabis industry, appealing to every type of consumer. They have created brands to entice users through education and innovative products. Golden continues to expand its reach throughout the U.S, with a desire to reach the market globally dependent on legalization requirements.
Last year we discovered the announcement of their name to Chalice Brands Ltd. The company will put the golden Leaf era behind them and change its name, which will serve as a relevant contender throughout the U.S cannabis industry. Our home market in Oregon will ultimately drive the company.
otcmkts: gldff considerable equity amounts totalling $3,675, 000 plus interest. The company expects a full conversion of the debentures before maturity, strengthening the company’s balance sheet.
This is an incredible result for the company, putting them in a stable financial position for production and acquisitions. It will ultimately enable the company to expand its product lines and the market reaches throughout the cannabis industry.
Marijuana stocks are a growing sector for growth and potential, with a market reach attracting recreational and medicinal users throughout the currently legislated states. As more states are legalized, the market could potentially grow even more, and eventually globally.
The company announced its non-brokered private placements have now closed. The company will receive C$10,375,154. This cash injection ultimately puts the company into an excellent financial position for further acquisitions and expansion throughout the future.
We then discovered Plant-Based CBD Skincare Brand acquisition. The acquisition will ultimately expand its reach and visibility as they continue to accelerate its strategic approach. Golden will also look forward to the eventual legislation of cannabis.
Adding Fifth & Root to its portfolio, a leader in CBD beauty products, offers clean and innovative products. The company is excited to add them to the products’ portfolio. It looks forward to growing the brand in the CBD skincare market.
This will allow otcmkts: gldff to expand its reach by adding a new market for CBD skincare to its portfolio. otcmkts: gldff continues to expand its product lines throughout the U.S, ultimately making it a strong candidate in the cannabis market.
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