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 > A Deal On The Way?

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Comment by rad10on Jul 09, 2020 5:25am

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Post# 31243673

RE:RE:RE:RE:A Deal On The Way?

A change of control would be a sweet instant capital gain to par. I took the gains / interest and moved on. I don't like this space. A CEO who throws "nickels around like manhole covers" but pays $8k per month on promotional articles targeting the dumb money. The trolling is another red flag. I see supreme debentures are trading significantly lower. Talk of ventures in South America are laughable - bit like taking sand to the Middle East.

Method wrote:

LarryJohnson wrote: I don't like that conversion price, either. and have even less comfort level they will be around in two years but thank you. Never got very far in my due diligence with so many red flags, but always looking for a trade on M&A activity.

the converts would get par in a take out which is probably a bigger premium than the equity would get but ok.

aphria cash goes a long way towards helping recovery if that's where we end up but these guys have a big cash position, a large market cap and have no problem raising equity so far.