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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 sincitywizardon Dec 18, 2020 3:08pm
159 Views
Post# 32141872

RE:RE:RE:RE:RE:RE:Convertible Debentures

RE:RE:RE:RE:RE:RE:Convertible DebenturesThanks for the quick repies guys.

Happy to read that there will not be further dilution assuming that Aleafia pays off the $25 million with cash on hand or a low interest loan from a bank. 

I was concerned about a lower share price being one of the conditions that would adjust the conversion ratio for the debenture holders.  I mistakenly figured that since debenture holders are lending the company money, and able to convert at a certain rate to shares, that since share price has gone down, that might have become a "condition" that changed the terms in the lenders favor.  Thanks for setting me straight.

Much appreciated,

The Wiz

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