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.

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Aleafia Health Inc > Exact quote from CC

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Comment by granny10on Mar 30, 2021 12:21pm

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RE:RE:Exact quote from CC

Ah. That makes much sense. Much more sense than what my meatflap diddling grandson RAD10-sthinei's alias just posted. Thanks for clarifying.

penismightier wrote: Keyword: Wholesale. It would make perfect sense that wholesale would decline, because the product would be sold through the rec and medical channels instead, since that is what they are focused on now. Pen.

sthinei wrote: With respect to domestic wholesale, obviously, we have benefited from strong outdoor cultivation harvest, which contributed – which generated $10 million in sales from the segment. Given our focus on adult-use, medical and international, we primarily have our greenhouse dried flower allocated to adult-use international sales. It’s likely that we will see quarterly domestic wholesale revenue decline in the first quarter of 2021 relative to Q4 2020