Aleafia Health Inc ALEAF

RE:RE:Inventory Checks for Symbl at selected Retail Outlets

[sincitywizard]

Thanks for your response Wrangler...  I understand that Kin Slips have to be searched separately which is why I worded my post as I did...

The Serruya deal had two elements to it.  The joint-brand venture and the joint-retail venture.  One Plant is the joint-retail part of that venture, and you are correct about owning more than 10 percent of the retail side.  Although Aleafia does have the first right of refusal to purchase up to 49.9 percent of that venture if and when law allows.

It is my understanding that there was still supposed to be a Flying High Brand retail brand in and of itself  where Alefia was to supply cannabis production for the Brand. I pictured that as a House Brand of One Plant so to speak, an additional revenue stream for Aleafia in addition to Symbl.

Can anyone recall any mention of return on this investment with the Seruyas?  If we have a 10 percent interest, in all of One Plant Canada, has there been no income from this venture? Never gets mentioned by Benic.

I don't think that there should ever be a time when there are NO SYMBL  products at the Kensington Market Store or for that matter, any store in the GTA.   That's an execution/delivery problem that should be addressed by management. 

Management brags about same-day delivery and their logistics experience.  Well, it shouldn't be hard to deliver to a store that is literally in the GTA, down the road, so to speak from all of their facilities. 

It brings up many questions:
Are we not delivering enough supply to these stores?
Are the stores not ordering a lot of product, so hence it is easy to sell out?
Are the adult rec sales so great that we can't keep up with demand? 
Do we need to produce more product due to that demand? 
Do we need another extraction/packaging line at the plant? 
Do we need another shift at the plant to keep up with the demand?
Are they selling too much at cheap wholesale prices, not leaving enough product for adult rec market?

Again, I'm long. Very long!  I was an Emblem shareholder.  They bought Emblem when Emblem's shares were depressed at the time.  Most Emblem shareholders thought we were getting hosed at the time, but yet, that was the market then.  This is now.  So much goodwill to write off.  Have to keep reminding myself that YTD we are up 25-30 percent.  Happy they wrote off the Goodwill. It was inevitable.  Clean up the books for possible M&A.  Although I think most shareholders would be unhappy with the premium offered for a takeover at this time.

Sorry for the rant folks, just the way I'm feeling today.  Again, we are still up 25-30 percent on the year. 

GLTA Longs

The Wiz