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Aleafia Health Inc ALEAF

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.


GREY:ALEAF - Post by User

Comment by ShakngMyHead00on May 01, 2021 5:44pm
55 Views
Post# 33109165

RE:RE:Stocktracker

RE:RE:Stocktracker
stocktracker101 wrote: sthinei, the price of flower keeps dropping with all of the over supply coming online and I'm glad aleafia is seeing this and pivoted to rec / med / export. Its not Aleafia's fault the wholesale price drops and changes so quickly. Supply and demand. Wholesale is a race to the bottom and not a very profitable space. It's farming....... Unless they get govt subsidies farmers go broke. Regardless, you should've picked this up on the FV of inventory sold writedown on q4 earnings. They didn't celebrate it, but the info is all there. Headlines don't mean anything in this sector anymore. Financials, sales and profits only. PS. I'm still hoping they will have some export sales to beef up q1 earnings.
 



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