GREY:ALEAF - Post by User
Post by
guttock_cpon Oct 11, 2018 12:53pm
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Post# 28782021
Canada demand for cannabis is estimated around 610,000kg
Canada demand for cannabis is estimated around 610,000kgALEAFIA (ALEF) is similar to CANNTRUST (TRST)
m-cap around 400M vs. m-cap around 1.35B
Production capacity in 2019 around 100,000 kg. If they can sell it all that will bring at least $500million in revenue/ year. if the Can they do it? do ur own DD.
All I know:
ALEF has Patients around 50,000 and counting
ALEF will open 20 Retails with Serruya Fam who work with Aphria and Liberty
ALEF is open for B2B, supplying other LP who has shortages (Canntrust)
They still have lots of work to do but I have no doubt since they are very active incomparison to other old LP.
Canada demand for cannabis is estimated around 610,000kg and current LP only able to supply 210,000kg. The shortage might last for 2 years, unless the appetite around the world increase as they witness Canada Cannabis market. Convincing the rest of countries would be easier through the medical and ALEF R&D data and patents would be handy.
Remember Cannabis/ marijuana/ hemp is a product that will destroy many industries and sae many lives.
references:
https://business.financialpost.com/commodities/agriculture/canada-is-facing-a-shortage-of-legal-weed
https://business.financialpost.com/business/second-cup-joins-marijuana-rush-with-plan-to-convert-some-coffee-shops-to-dispensaries
https://globenewswire.com/news-release/2018/09/25/1575543/0/en/Aleafia-and-Serruya-Family-to-Enter-Cannabis-Retail-Joint-Venture-for-Launch-of-One-Plant.html