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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.


GREY:ALEAF - Post by User

Aleafia Health Inc
Bullboard Posts
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(54)
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Post by Silverback63on Apr 29, 2019 10:32am
205 Views
Post# 29683113

Great News

Great NewsThis is excellent news, as they materially beat the estimates on revenue and have invested to build the foundation for significant upside moving forward. EVERY LP is expected to burn cash right now as they do the build out, so no new informaiton there. The cash position is strong and sales are growing. Once we have the remaining licenses and deliver a few harvests this is positioned to be a global leader.

The stock is dropping for one reason only, the shorts exceeed the longs right now. Simple as that. Until the forces increase on the long side we will be under pressure. Just keep in mind, they are doing all the right things, and once the balance turns I wouldn't want to be on the other side. It only takes one key event, like a girl with a knife (GOT Reference) to turn the tide.
Bullboard Posts
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