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Aleafia Health Inc ALEAF

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

Bullboard Posts
Comment by geesemanon Aug 02, 2019 5:02pm
161 Views
Post# 29990452

RE:What a Great Move!!

RE:What a Great Move!!
What makes you think the a rumor moved the stock higher?  It could be that ALEFIA has been oversold for a long period of time and the shorters were depressing the stock price.

Why dont you start a rumor that Alefia and Canntrust will form a new company run by Alefia and the merger is of equals....ALEFIA share price would jump to $2.00 and Canntrust would fall to $2.00.  

Todays stock was a breakout above resistance levels, momentum is now in our favour.  Technically, $ 1.38 is the next resistance level which should retest this next week.  Hopefully, a breakout above $ 1.38 would be awesome with next resistance at $1.68.

With the large quantity of shorted shares, who knows what will happen next week.

Have a great long weekend.

GEESEMAN
Bullboard Posts