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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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Comment by Silverback63on May 13, 2020 7:43am
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Post# 31020884

RE:RE:RE:RE: $6.4M Positive Adjusted EBITDA, $14.6M net revenue in Q1

RE:RE:RE:RE: $6.4M Positive Adjusted EBITDA, $14.6M net revenue in Q1Excellent results. They are proving their leadership and equally important a nice progression of increased success quarter after quarter. Analysts love that. I'm not concerned about the writedowns as these are mostly now cash items. Glad they took the hit now on the books for the Fair Value writedown, as next quarter will include their more aggresiive procing strategy that we are seeing in the retail locations, the door to door delivery, etc. 

One of the few companies that is consistently executing, and we are still only a few chapters into the story.
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