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.

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Aleafia Health Inc > A Deal On The Way?

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Comment by rad10on Jul 09, 2020 5:25am

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Post# 31243673

RE:RE:RE:RE:A Deal On The Way?

A change of control would be a sweet instant capital gain to par. I took the gains / interest and moved on. I don't like this space. A CEO who throws "nickels around like manhole covers" but pays $8k per month on promotional articles targeting the dumb money. The trolling is another red flag. I see supreme debentures are trading significantly lower. Talk of ventures in South America are laughable - bit like taking sand to the Middle East.

Method wrote:

LarryJohnson wrote: I don't like that conversion price, either. and have even less comfort level they will be around in two years but thank you. Never got very far in my due diligence with so many red flags, but always looking for a trade on M&A activity.

the converts would get par in a take out which is probably a bigger premium than the equity would get but ok.

aphria cash goes a long way towards helping recovery if that's where we end up but these guys have a big cash position, a large market cap and have no problem raising equity so far.