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Aleafia Health Inc ALEAF

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

Comment by christophwaltzon Oct 25, 2020 10:26am
127 Views
Post# 31778054

RE:RE:RE:RE:RE:RE:RE:Nice to see Vivo

RE:RE:RE:RE:RE:RE:RE:Nice to see VivoVivo already moved on the debentures, but it still leaves them wanting for cash, hence the failed/stopped raise attempt: https://www.newswire.ca/news-releases/vivo-cannabis-tm-completes-debenture-refinancing-879549556.html

Of the original $22,600,000 in debentures, Vivo paid some with $10.5M cash, converted some to 32,800,000 shares, and still owe $6,600,000 in debs.

They need money now if they are to survive. Likely they don't make it.
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