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 > Great info today

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Comment by OldSchooIon Nov 11, 2020 7:48pm

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RE:RE:RE:Great info today

Managements union comments were interesting indeed. What a move that would be. I agree with your points, especially the write-down. Smart move on the company's part. Expect big retail sales profits moving forward is my prediction. "But I don't want to be a pirate." AHLooong.

stocktracker101 wrote: I say 18-20 million sales in q4 Including kinslips, vapes, medical and rec. At 16 million its minimum $.66/share. They took the writedown hit now instead of destroying q4. If they have some supply agreements on the horizon to solidify some re occurring medical sales/patient revenue, that would be a huge boost. CEO spoke about unions today on the earnings call. Interesting that he mentioned that....
OldSchooI wrote: I concur. The outdoor results will more than likely come in much higher. The more the merrier. AHLooong!!
Oilspecs wrote:
It was just expectations. I thought the earnings were great for information. They basically said they did not have product to sell in Q3, and they said 16 million+ for Q4. That is a bold statement in this market! Are they claiming that they pre sold product? Not sure if they did nor do I care. They have to have 16+ million Q4 or they are done. No excuses! Making that claim would be suicidal if they came up short. I think they will beat that level. Bold statement? We will see. Great buying opportunities here in my eyes.

AHLONG