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Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF) pre-announced its financial and operating results for the fourth quarter 2021.
“We are proud the Company set another record generating over $8.9 million in revenue during the fourth quarter and growing 61% year-over-year,” Jeff Yapp, president and CEO of Chalice Brands, said. “Despite a challenging quarter in the Oregon market, with overall sales declining 6% versus the same quarter year ago, we are pleased with the resiliency our Chalice stores have shown against the overall market pressures. We continue to improve Homegrown integration into the overall program and made a number of changes in our product mix, store merchandising, marketing and retail leadership that we believe will have a significant impact on growth in 2022.”
Photo: Courtesy of Towfiqu barbhuiya on Unsplash