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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 > Anyone have
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Comment by Oilspecson Jul 07, 2020 3:51pm
100 Views
Post# 31235709

RE:RE:RE:Anyone have

RE:RE:RE:Anyone have
Mamalikespie wrote: Something is totally up. They are trading at 2x Cash. The executives can't even exercise their options lol. 


  This is actually perfectly normal chart wise.  It is trading in a range and in a wedge.  Till we get a close above the green line it will continue to range.  If it closes below the red line, it will go lower, although there is not much room to fall.  I do not expect much till we harvest the outdoor regardless.  As long as management continues to execute, things will fall into place.  News on distribution are the key to rising very quickly, the question is do we have any coming?  Does anyone in the space make announcements regarding anything?  More than likely if or when there is news on distribution, it will not be announced as to keep the annonymity of the customer so the other LP's can not pouch them like vultures.  

Basically in the end, if you believe in Aleafia, build your positions at price points that you believe are support levels.  Lowrider64 bought at $3.27, he thought that was a support, he was wrong.  Could the support we are at today be the bottom?  Who knows?  You can only win what you put in the middle! 

https://www.tradingview.com/x/qAcMox0j/

AHLONG



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