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Aleafia Health Inc ALEAF

Healthcare Cannabis
Aleafia Health Inc. is a Canada-based cannabis company. The Company offers cannabis products in Canada and destined for international markets, including Australia and Germany. The Company operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners, which provide health and wellness services across Canada. It owns three licensed cannabis production facilities and operates a located distribution center all in the province of Ontario, including an outdoor cannabis cultivation facility in Canada. The Company produces a diverse portfolio of cannabis and cannabis derivative products, including dried flower, pre-roll, milled, vapes, oils, capsules, edibles, sublingual strips, and topicals, for sale in Canada in the medical and adult-use markets, and in select international jurisdictions. Its subsidiaries include Aleafia Inc., Canabo Medical Corporation, Aleafia Farms Inc., Emblem Corp., Emblem Cannabis Corporation, GrowWise Health Limited and other.


GREY:ALEAF - Post by User

Aleafia Health Inc
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Comment by MrOptimizationon May 30, 2019 7:25am
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Post# 29784192

RE:Buy ?

RE:Buy ?

KirkWright wrote: With the great earnings of the 1st quarter i guess i have a goot short buy position at this price .. what do you think ? i'm also watching this stock what do you think of it Market Watch ?


The earnings failed to impress investors. Across the whole cannabis sector, Canopy Growth, Aphria, etc. the earnings are falling short of investor expectation. More losses will be sustained by young firms like Alefia, and will for a longer time horizon than initially estimated. This is a long play though. If you have patience, you get in now. Else you play the cycles, or play in a different sector/space. The volatility isn't for everyone.

When it drops back into the 1.40-1.45 range, I may get back in.

 

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