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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.


GREY:ALEAF - Post by User

Aleafia Health Inc > writedown
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Comment by rad10on Mar 25, 2021 8:37am
141 Views
Post# 32873801

RE:writedown

RE:writedown
rad10 wrote: The writedown is more than the value they put on the Emblem transaction as per the 2018 deal  (173.2 million).  Even without the write down they are operating at a loss...............

They remain wholesalers as their medical revenue is less than their interest payments..........

https://www.globenewswire.com/news-release/2018/12/19/1669388/0/en/Aleafia-Health-Inc-to-Acquire-Emblem-Corp-to-Create-New-Medical-Cannabis-Leader.html

Looking forward to listening to the spin on this!!


Repost due to bagholders polluting the board

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