GLDFF - Chalice Brands aka Golden Leaf plummets 17% after Q1 earnings

Chalice Brands ([[GLDFF]] +1814.9%) formerly known as Golden Leaf slumps 18% despite Q1 revenue surge of 18% Y/Y to $5.5M.Gross profit of $2.5M or 45% gross margin compared to 37% gross margin in Q1 2020.Adjusted EBITDA was ~$370,000, compared with a loss of $700,000 last year same quarter.Reports GAAP EPS of $0.Company recently closed a LOI for acquisition of Homegrown Oregon, a chain of five retail stores in Oregon. On April 8, 2021, company announced its 80% acquisition of CBD skincare brand Fifth & Root with a national presence in over 400 retail outlets across the United States.Previously: Golden Leaf Hldgs reports Q1 results (May 25)

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Chalice Brands aka Golden Leaf plummets 17% after Q1 earnings