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.

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Aleafia Health Inc > "STOCKYTHEPSYCHOPUMPEEaliasTOWERINGMARS ....

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Comment by Toweringmarson Jun 15, 2021 1:30pm

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RE:"STOCKYTHEPSYCHOPUMPEEaliasTOWERINGMARS ....

Oh, you're so good at reading financials that you have to get them from a press release??? HAHAHAHAHAHAHAHAHAHAHAHA

So how much did it cost them to run these 'money making clinics'? You know, I can see you not wanting to answer that because youd have to actually go read the financials.

You also forgot to highlight the service agreement part....

Clinic revenue for the three and nine months ended September 30, 2020 was $0.7 million and $2.4 million, a decline of 36% and 33%, respectively, over the same periods in the prior year. This was primarily due to a decline in the number of billable patient visits, as the Company shifted its clinic operating model to conducting virtual only patient consultations during the COVID-19 pandemic.

Hmm, looks like the clinic revenues we're declining... Its a good think mgmt knew when to cash in on these.

Oh highlighter... you're so bad at what you do you need to resort to just being annoying and repeating yourself.
What a rookie loser. hahahahahahahahahaha

ImpIications wrote: ... to help our resident bullboard "rookie " understand !!!

As seen below ... you see where it says where the clinics generated approx. $3,500,000 in revenue for Aleafia in 2020 ????

And they have now sold these clinics to "Myconic" ????

This means that now "Aleafia " will not be getting this revenue and "Hyconic " will be receiving it istead.

I hope that this helps you to understand "rookie" although I am not going to hold my breath waiting for that to happen .... LOL !!!

Investment in National Network of 14 Clinics Advances Myconic’s Vision of Becoming a North American Leader in Mental Health

VANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) -- Myconic Capital Corp. (formerly, Auralite Investments Inc.) (CSE: MEDI) (the " Company " or " Myconic ") is pleased to announce that the Company has executed and closed an asset purchase agreement (the “ Purchase Agreement ”) for the acquisition of certain clinical assets as an investment (the “ Asset Purchase ”) from Canabo Medical Corporation (“ Canabo ”), a wholly-owned subsidiary of Aleafia Health Inc. (TSX: AH) (“ Aleafia ”). The Company intends to expand the services offered through the network of 14 national medical cannabis clinics (the “ Clinics ”) to include a broader scope of mental health treatments including intravenous ketamine treatments, ketamine-assisted psychotherapy and the administration of esketamine nasal spray. During 2020, the Clinics generated approximately $3.5 million in revenues for Aleafia, which has since increased on an annual run-rate basis due to providing treatments related to the mental health effects of the COVID-19 pandemic.