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 > I am holding on

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Post by sthineion May 04, 2021 1:10pm

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I am holding on

Why because at these prices not a lot of downside. If it drops to .40 then that would be 50% of where they recently issued shares. Market cap would be like $120 million at that stage and I don't see good reason why revs won't be at least $60 million in 2021 fy. I don't anticipate a further drop in wholesale pricing in q4. Ebitda should be better in every qtr this year. In addition to that any decline in pricing will be met with renewed potential buyout interest. Any price drop in stock should not last long but I want and expect management to do a better job.

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