InvestorNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Timing of Corporate Name Change, Share Consolidation
May 20, 2021
Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) today announced that, pursuant to the shareholder approval obtained at its annual and special meeting (“AGM”) held on May 10, 2021, the company is enacting the consolidation of its common shares on the basis of one (1) post-consolidation common share for every twenty-three (23) pre-consolidation common shares (the “consolidation”), as well as the change of its name from “Golden Leaf Holdings Ltd.” to “Chalice Brands Ltd.” (the “name change”). According to the update, the consolidation and name change will take effect on Tuesday, May 25, 2021, and the company’s common shares will commence trading on a post-consolidation basis under the new name and under the symbol “CHAL” on the Canadian Securities Exchange at the open of trading on May 20, 2021. The company will soon receive a new symbol for the OTCQB and will announce separately. “Management believes the acquisition of Homegrown as announced on May 19, 2021, represents a transformative event for Chalice, making this the right inflection point to embark on the name change and consolidation,” said John Varghese, executive chairman of Chalice Brands Ltd. “As noted in that release, we raised sufficient capital to fund this accretive acquisition. Combined with the fact that Homegrown is cash flow positive, the company will be able to generate positive cash flow to fund operations.”
To view the full press release, visit https://ibn.fm/RlAeU
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. The company is committed to developing a dynamic portfolio built around the recognized brands of Chalice Farms with a focus on health and wellness. Chalice Brands operates nationally through Fifth and Root and has operations in Oregon and California. Visit www.GLHMonthly.com for regular updates.
NOTE TO INVESTORS: The latest news and updates relating to GLDFF are available in the company’s newsroom at https://ibn.fm/GLDFF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.
More News
Woman describes alleged assault by Russell Brand as 'frenzied' and 'violent'
The entertainer denies three counts of rape, three charges of sexual assault and one of indecent assault.
Raj Singh and Italy’s RP1 Holding Launch €100 Million Film Fund to Boost Country’s Struggling Indie Ecosystem
CEO of Media Capital Technologies Raj Singh and Italy’s RP1 Holding, an Italian group comprising companies specializing in alternative finance, are launching an innovative €100 million ($112 million) fund to finance audiovisual productions and film distribution in Italy. The One Media Capital Fund, as it is called, was unveiled on Tuesday during the Rome MIA […]
‘Street Fighter’ Punches to Summit as Rajinikanth’s ‘Jailer 2’ Bows in Third at U.K., Ireland Box Office
Paramount’s “Street Fighter” delivered a knockout blow to top the U.K. and Ireland box office, debuting in first place with £2.3 million ($3.1 million). Universal’s animated feature “Forgotten Island” bowed in second position, taking $1.8 million in its opening session. TGS Cinemas Limited secured third place with the debut of Indian superstar Rajinikanth’s blockbuster “Jailer […]
Disney Names Carol Choi Asia Pacific President as Luke Kang Retires
Carol Choi will become president of The Walt Disney Company Asia Pacific on Dec. 1, replacing Luke Kang, who is stepping down after 16 years at the Mouse House. Choi is currently executive VP of The Walt Disney Company APAC. In the top job, she will run Disney Entertainment’s operations in the region, from studios […]
Dana Carvey Says He ‘Didn’t Understand the Kerfuffle’ Over Shane Gillis’ ‘SNL’ Monologue: ‘I Just Saw It’ as a ‘Joke’
“Saturday Night Live” alum Dana Carvey didn’t get all the controversy over Shane Gillis’ recent monologue on the sketch show, saying he “just saw it” as “a joke.” Gillis sparked outrage on Oct. 10 when he opened his “SNL” hosting stint by mocking women at the gym. “I haven’t been to the gym in so […]
Jakarta Pitches Itself as Regional Film Hub, Points to Busan as Model
Jakarta Governor Pramono Anung Wibowo kicked off the Jakarta Film Summit 2026 on Tuesday with a pitch for the Indonesian capital as a regional film hub, making the case that the city is equipped to draw more shoots, filmmakers and investors from across the region. Speaking at the Royal Glass House at Park Hyatt Jakarta, […]
British Council’s Film Lab Africa Previews ‘TABOO’ Anthology Series At London Screening
Film Lab Africa, the British Council’s film and TV accelerator programme in Nigeria, hosted a preview screening of TABOO, a new seven-part Nigerian anthology series, during the London Film Festival. The preview screening was held at EbonyLife Place London, a new African arts and cultural centre in south-west London. Comprising seven 20-minute episodes, TABOO is […]
Domingo Corral Urges Commissioners To Ditch Conservative Thinking Or Risk Missing Next ‘La Bola Negra’: “You Cannot Reject The Other Way”
Those holding the purse strings in Spanish film and TV must not “reject” ambitious projects or they could miss the next La Bola Negra or Sîrat, according to the influential former content chief at Movistar Plus+. Domingo Corral whipped a partisan audience into something of a frenzy at the MIA Market in Rome yesterday when […]
London Exhibition Displays Children’s Selfies as Art
An exhibition argues that juvenile photographic experiments can reveal unique perspectives worth saving — and even displaying.
Yes, You Can Afford a Vacation Thanks to Hilton
With skyrocketing prices on everything from groceries to gas, you might think a lavish vacation is out of your budget. The truth is, it isn't. Hilton all-inclusive resorts offer excellent value on...
LACMA, Perrotin, the new Metro and now the Brick: Todd Gray is having a banner year
Todd Gray has a solo show opening at the Brick on Oct. 18 — the cap on a banner year including a LACMA commission, a solo show at Perrotin and a public art piece for the Wilshire/La Cienega station for the D line.
Texas women on death row walk the road to 'Redemption' with a community of nuns
Pulitzer Prize-winning author Lawrence Wright's new book, 'Redemption: Faith, Justice, and Sisterhood on Death Row,' offers "an appeal to conscience" for seven women inmates on death row in Texas.
Recommended
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.