Aleafia Health Inc ALEAF

Healthcare Cannabis

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.

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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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