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 > Price Action

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Comment by fleamarketon Oct 09, 2020 1:26pm

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Post# 31696289

RE:Price Action

stocktracker101 wrote: A little profit taking today... Very little as there isn't much to take just yet..
Low volume again as there are no sellers or many buyers in this range except for a couple retail shorties who beleive pot stocks only go down no matter what..
Aphria & Canopy are on a nice run here and Aleafia has a monster harvest coming..
Again, 80,000 kgs wholesale dry flower at $1.50 - $2.00 / gram = $120 to $160 million of inventory on q4's books... Aleafias market cap is $162 million.. I dont know of another pot stock whos inventory is equal to their market cap.
They will most likely dump some of it wholesale to pay off the $25 million debentures in February 2021.
The rest will be processed into pre rolls, oils/sprays & 2.0 products which fetch much more that $1.50 to $2.00 per gram..
Exciting times ahead.

That's only the outdoor grow don't forget about our continious automation plant in Niagra... RIIIIGHT!!