Aleafia Health Inc ALEAF

Healthcare Cannabis

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across Canada. The Company operates two licensed cannabis production facilities and operates a strategically located distribution center all in the province of Ontario, including the largest, 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. It markets and sells cannabis products through regulated intermediaries into selected international markets, tactically sells cannabis products into Canadian wholesale markets.

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Aleafia Health Inc

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Comment by Mamalikespieon Apr 24, 2019 12:24pm

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Post# 29664485

RE:RE:RE:Earnings 29th before open

That's not true. Actually emblem was expecting some decent sales numbers before it was acquired by Alef this quarter. Keep in mind the expected revenue from emblem alone was about the same as it was for aleafia, 70 mil for this year. I have trouble believing aleafia will actually pull off 70 mil this year, but emblem, since literally all the ducks were in a row and it was just reselling pot they already had paid for was pretty much lined up. So, for Q4, about 5 million revenue from emblem from first quarter of rec sales. They were doing really well before the merger.

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