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Aleafia Health Inc ALEAF

Aleafia Health Inc. is a Canada-based cannabis company. The Company offers cannabis products in Canada and destined for international markets, including Australia and Germany. The Company operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners, which provide health and wellness services across Canada. It owns three licensed cannabis production facilities and operates a located distribution center all in the province of Ontario, including an 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, for sale in Canada in the medical and adult-use markets, and in select international jurisdictions. Its subsidiaries include Aleafia Inc., Canabo Medical Corporation, Aleafia Farms Inc., Emblem Corp., Emblem Cannabis Corporation, GrowWise Health Limited and other.


GREY:ALEAF - Post by User

Comment by sthineion Mar 30, 2021 12:25pm
115 Views
Post# 32906342

RE:RE:Exact quote from CC

RE:RE:Exact quote from CC
That is true.  However we just dont have a good idea re what their adult sales will look like.  If we end up with a 30-40% decline in wholesale in Q1 relative to Q4 then that will be difficult to overcome with increases in medical, international etc...  What we do know is that they announced $14 million in aggreements to sell wholesale outdoor crop back in december with majority in Q4.  December sales of weed was strong in industry thanks to people gifting for xmas.  The remaing 4 million booked for Q1 in addition to any other follow thru sales.  We stll have a situation with over supply at this stage so we will have to wait and see.
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