GREY:ALEAF - Post by User
Post by
tovieron Mar 14, 2021 8:35am
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Post# 32794448
Why I invested in Aleafia and predict a SP of 1.35 by July 1
Why I invested in Aleafia and predict a SP of 1.35 by July 1My share prediction is based on what I see as a price of .85 cents after the financials and then a boost of 50-60 % on a merger/acquisition news. GLTA! 1. They run a network of clinics in Ontario and out west and have a good revenue model in place. Over 70 000 patients and growing.
2. They recently signed a 10 year deal with Unifor union ( 350 000 members) to service the members with Medical cannabis
3. They grow, process and distribute their own products in both outdoor and indoor facilities. A very good vertically integrated company
4. They have the lowest cost per gram of Cannabis all companies out there. 10 cents per gram vs $ 1.10 for Aurora
5. They signed a deal with Johnson and Johnson ( Janssen) to prescribe and administer their anti-depression drug.
6. They will construct a new distribution center for mass distribution to the US and Europe. They will get their license for the EU in the next few months.
7. They are presently an under the radar stock but that changed Friday when Canaccord picked up 500 000 shares.
8. A merger or acquisition is in the works. They recently hired 2 independent directors. They will come in, make the move, and leave.
9 . Cannibis 2.0 will be a huge money maker as they will generate more money going to the consumer route.
10. They only have 300 million outstanding shares versus Sundial 1.6 Billion (SNDL-NASDAQ). Less shares means bigger profit for shareholders. Possible dividend in 2-3 years?
11. The price recently hit $1.27 before going back to its 90 day moving average of .70 cents. The stock is being shorted at the moment. It will go back up once they announce financials on March 25th.
12. Cantor Fitzgerald recently unwrote a loan at .83 cents a share. Cantor is keeping the estimate low for some reason ( my guess is that they will adjust after march 25th report).
Share the news Fellow Aleafians!