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.

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Aleafia Health Inc > At least they with Cantor fitzgerald

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Comment by Toweringmarson Feb 17, 2021 11:13am

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RE:RE:At least they with Cantor fitzgerald

Agreed, its almost like getting paid for promotion. We come out of this with a healthy balance sheet, a record breaking quarter en route, a bevvy of new products launching, EU-GMP on the horizon, and now more visability from American retail. All while paying off the debt we had looming, and giving a big middle finger to the sheisty shorters hoping we would've taken their blood money.

Frankly, this is a good thing, regardless of what a few retail investors think about 'getting diluted'. We need to have money in the bank in order to execute on our strategies, and its best to get it done and out of the way before the good news comes rolling in.

How many would be excited to see this kind of thing after it starts to get real momentum from our earnings report? Sure we might have been able to raise a little higher, OR the momentum in the pot stocks could have come back to earth again and we could be doing another 65 cent raise.

We know we're trading below book value, and the shorts have kept it like this for some time now. Now that we have addressed our liquidity, its blue skies from here.

I'm sure people would be freaking out when they see the cash on hand come Q1 ER regardless of how well we do. Keeping in mind we have a crop to plant in the coming months. Relax people, this is a good thing. Especially with Cantor and not the bloodsuckers.

You'd have to be slower than highrider to think its a good idea to short a stock with blueskies on the horizon and no need for your blood money - that would help you cover.

Francoic wrote:

This funding via the American investment bank Cantor Fitzgerald may be able to attract American investors and not just short sellers and day traders.

sthinei wrote: This time as opposed to mackie or eught capital as lead underwriter. Imo would have been more impressive if they webt with BMO. That will come in time but Supreme was able to use BMO as lead underwriter last night with their financing.