GREY:ALEAF - Post by User
Comment by
Francoicon Apr 14, 2021 6:52pm
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Post# 32997719
RE:RE:RE:RE:RE:RE:RE:RE:Motley fool positive on aleaf
RE:RE:RE:RE:RE:RE:RE:RE:Motley fool positive on aleafsthinei wrote: "..and we're only down 87% from our highs - much better!" Lol! Yes we are keeping bad company. AH will be sold. Sale partially being held up by EU Certification news . Maybe Benic will come out with a new projection re when it can be expected. The year started with a lot of promise. Multiple announcements on international partnerships, EU GMP certification talk, debt repayment, new product launches. What crushed hopes short term was a total collapse in the wholesale market. Imagine if they had sold at likd a $1.50/gram. That alone would have been a tripling of the wholesale revs they posted. That very weak number really threw off all of our revenue expectations. On the plus side if the tide can be stemmed and they can get .60 to .80 this year that would be a reason to be more positive. Yikes to think i sold 30k of bitcoin, ethereum and xrp to add to my aleaf back in January. Should have dumped it all on the meme rally and gone back to crypto. This market is too crowded but grateful they have some things that differentiate them which should make them a potential takeover target. My belief has always been if they stumble temporarily it makes them more of a target. Some of the larger competitors have a choice. Try to grow into their share price organically which is tough when everyone like ACB, CGC, SNDL, cronos all last share last qtr. Hexo was thd only one that saw strong share growth. Otherwise they all losing share to smaller producers.