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 > Disgusted with Management

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Comment by sincitywizardon Aug 16, 2021 8:50pm

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RE:RE:Disgusted with Management

Thanks for the reply. So two customers account for over 7 million dollars worth of bad debt which is more than Aleafia sells in both medical and adult-use cannabis combined in a quarter. Am I the only one that sees this a a problem?

Who are these customers that have basically stolen 7 million dollars worth of goods? I wonder what former Aleafia Health Board members and former top cops Fantino and Souccar think of that? I'm guessing they still hold their shares? Again, this speaks to management's ability to execute.

What is the accounts receivables department doing and how do they manage to let two accounts get that large without paying?

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