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 > Share Price

<< Previous

Bullboard Posts

Next >>

Comment by Toweringmarson Nov 05, 2021 1:43pm

129 Views

Post# 34093117

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share Price

Starfish. Where do you figure the clinics we're worth 20m?
Where do you see any value in the clinics at all?
They might have produced at best 1.5m per quarter, but held lease and other costs that didnt make a whole lot of sense if we werent trying to be scientists...

Now we get a 10 year deal on them and mitigate the costs...
Hell, if they just wanted to have them for free I would almost have been okay with that...

Where do you see 20m in value?

KeyserShoze wrote: Could you imagine a $40 million class action overhang? Wow. Exciting stuff. I could almost see a scenario where the credit facility is increased with more secured debt using the remaining unnumbered facilities to pay out partial debentures. That facility would be at 12%+ and cripple their cash flow. Dependant on how that plays out, facilities and assets would go to the debt holder in case of default at a fraction of the cost. Remember, this master negotiater gave $20 million in clinic assets away for shares in a pump and dump that are now worth 40 cents per share or $3.5 million. Either way, shareholders and potentially debenture holders are left holding the bag.

rad10 wrote: Keyser

I bailed on the unsecured debentures. The10 million 12% secured note matures just a couple of months later - the unsecured probably has a 90 day default. I tried to find out who the respective note holders were - but I assume there is a lot of yield hog retail holding the unsecured note as it is listed. If its the same group, the unsecured holders might be ok. If its a different holder - they will be thrown under a bus by the usual syndicate. Its not a risk I felt comfortable with - when there are so many better places to be.

This could end badly for the unsecured note holders. I can't complain 30% for a relatively short hold - got out mid 80s over several trading days.

I can see this industry consolidating and big tobacco picking over the carcasses - we are a few years and several recapitalisations away.

Have a great weekend.