GREY:ALEAF - Post by User
Comment by
rad10on Mar 25, 2021 8:37am
138 Views
Post# 32873801
RE:writedown
RE:writedownrad10 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