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 > Boom!

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Comment by Francoicon Jun 25, 2020 10:58am

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RE:Boom!

To my recollection, I believe that we put $ 12 million in cash and the rest in shares (approximately 6 million shares). It would therefore be a good deal because possibly the missing $ 3.1 million represents the 6 million shares that would be eliminated; plus $ 15.5 million in cash and $ 10 million in Aphria shares, the value of which should increase over the coming months, representing a profit of approximately $ 13.5 million ...
This is why we will be able to repay the $ 25 million convertible debt due in February without dilution, while having a surplus of at least $ 4.5 million.

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