GREY:ALEAF - Post by User
Post by
sthineion Feb 28, 2021 12:04pm
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Post# 32681477
Is Aleafia close to bottom or topping out?
Is Aleafia close to bottom or topping out?I would have to think closer to a bottom than topping out. Comparatively aleafia is ageat bargain in this sector that would addsignificantly to another companies forward guidance in an acquisition and allow for an acceleration to lower cost production. Either the stock goes up on its own or hhey may be subject to MA activity. Why? Cronos just posted results and they had revs of 17 million in this past qtr. They have been buying product from wholseslers likely Aleaf periodically. ALEAF is going to post similar type revenues in their december qtr. Buying from aleaf cuts into their margins. Cronos has a market cap of 3.8 billion with over 1.3 billion in cash. Makes no sense that aleaf can post back to back revs similar to cronos and be lowest cost producer in sector .10 outdoor and .50 indoor have largest clinic network in Canada and be trading at 5% of the market cap of CRONOS. Something has to give.