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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

Post by sthineion Mar 29, 2021 11:44pm
465 Views
Post# 32904058

What CEO does stuff like this?

What CEO does stuff like this?Jan 7 he talks up EU GMP certification being 4-6 weeks away. Talks about how important it is and lays out the pricing benefits for sales in Europe extensively and then 14 weeks later not a specific word on the conference call re what happened to his previous "expectations" that he sold to public and shareholders. Analysts should have been on call to hold him accountable. I would be happy if they announce soon but still does not dismiss the fact the guy seems to be mismanaging expectations. Going to surprise a lot of people with our number, going to blow some doors off, product flying off shelves. Yeah really? The only people thathat were surprised were folks that were hoping for revs of 17 -20 million and above. Now q1 is over in 2 days and still non GMP announcement. Thank goodness hhey at least shipping some product to UK. Shipments to EU GMP partner for q1 seem to have only been batches for QA testing. Q1 revs will likely be below last year's q1 so before those numbers ard released they need to release some positive PR re JVs, certification etc....ebitda should improve due to Elim action of debt and sales of higher margin product in q1 but with all the new product SGA costs.
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