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 > Aleafia should be able to work

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Comment by rad10on Nov 15, 2021 6:12am

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Post# 34126035

RE:RE:Aleafia should be able to work

12% on a relatively small secured credit facility that is fully tapped out should tell you all you need to know.

Did you notice a million warrants were thrown in?

Next stop payday loan or pawn shop.......

rad10 wrote:

sthinei wrote: Something out on the debt. Last year at this time they also had the $25 million in 8% debentures that they paid off with cash. Which reduced their interest expense by $2 million per year. Good that they only need to address one set of debenture tires as opposed to multiple making it easier to negotiate with. They will need to be able to lay a groundwork for remaining holders spelling out prospects for the company or prospects for a sale at higher share prices if given additional time thereby ensuring that debenture holders are not totally burned. Myconic seems to have been a crappy deal. Maybd dumbo Ben8c was hoping it would run to $5 instead of to .50. In which case shares would have been $35 million. They are unlocked now and unencumbered but underwater. They can sell their Australian operations and some of their other non core assets. Hopefully they reap better price per gram out of wholesale this year helping to boost share prices prior to negotiations with debenture holders.