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

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Comment by predawnon May 29, 2020 1:53pm

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Post# 31088837

RE:RE:RE:So what does this mean for Aleafia Health

weed never "burned through" anything it was a none cash impairment of around 740,000,000 they still lost a $hit load but not 1.3B cash

Oilspecs wrote:

stocktracker101 wrote: it means they are going to keep getting shorted as the investors in the deal stripped the warrant and sold the .65 share. if it loses its .55 support its down to .45.... It must close at at least .57 today (8 week ema) or above or there will be more losses next week.
Im not trying to be negative, just honest..
Ive been posting that the charts have been failing since the beggining of the week.
WEEDs garbage earnings didnt help the sector either.

stoplossesarbad wrote: ?????

Ya, weed needed the higher high on the monthly. That was a close above $25.31. Doesn't look like it will get there and should reflect the rest in a similar fashion. If their numbers were good we could have had a nice move up. This just goes to show that aleafia is doing it right. Low cost growing vs Weeds high cost. Anyone know their cash position now. I am pretty sure last Q they had cash of 1.7? Burning 1.3 is going to create a serious problem going forward. Then again, why would constellations top up with them? This whole sector is full of losing companies, hopefully Aleafia with their CPG can turn into a leader. Time will tell I guess. AHLONG