Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aleafia Health Inc ALEAF

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

Comment by sincitywizardon Dec 18, 2020 3:08pm
144 Views
Post# 32141872

RE:RE:RE:RE:RE:RE:Convertible Debentures

RE:RE:RE:RE:RE:RE:Convertible DebenturesThanks for the quick repies guys.

Happy to read that there will not be further dilution assuming that Aleafia pays off the $25 million with cash on hand or a low interest loan from a bank. 

I was concerned about a lower share price being one of the conditions that would adjust the conversion ratio for the debenture holders.  I mistakenly figured that since debenture holders are lending the company money, and able to convert at a certain rate to shares, that since share price has gone down, that might have become a "condition" that changed the terms in the lenders favor.  Thanks for setting me straight.

Much appreciated,

The Wiz

<< Previous
Bullboard Posts
Next >>