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 > Aleafia in BNN article...

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Comment by OldSchooIon Oct 17, 2020 11:30am

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RE:RE:RE:RE:Aleafia in BNN article...

Stocktracker, my group and I are extremely happy you pointed this our for everyone to digest. AHLooong!!!

stocktracker101 wrote: Oldschool, LPs with CPG over $2 are buying it from low cost producers so that they dont have to write down their massive overpriced inventory. Can you imagine writing down 100kg of inventory that was clocked in at $5/gram due to selling it at $2? That a 300 million loss.. LPs are trying to defer the write downs until they get the margins up.. Thats why their sales are hurting. They are getting creative with the accounting but they cant hide it forever. Aleafia does not have this issue.. CPG at .39 for all flower. Now add appr 75,000 kg at .06/gram and see how much lower that average will get. Aleafia grows cheaper than the illegal indoor grow ops.

OldSchooI wrote: Agreed.

The sector is also soon going to find out there's a huge demand for Aleaf's product. My guess is, it's already all spoken for. Time will tell. "We all get to choose."Patience is key. AHLooong!!!

P.S. Unlike Aleafia....

"There are companies out there that have inventory that they can't sell, that they're producing, and are actively buying other inventory that they sell, which means there's a mismatch between their production and what their customers want to buy,

stocktracker101 wrote: Aleafias outdoor dried flower is grown cheaper than the black market....
The sector will find out soon.
The large caps are going to continue with the writedowns on their inventory killing their earnings.
The short sellers can stack up their sells all they want.
Their oversupply short and distort campaign isnt going to work on Aleafias majority share holders. Keep the short sells coming

Greenblazer wrote: Aleafia quoted in new BNN article

https://www.bnnbloomberg.ca/too-much-cultivation-pot-legalization-anniversary-comes-amid-supply-glut-concerns-1.1509195