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 > Crouching tiger hidden weed stock - ALEAFIA OVERLOOKED!

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Comment by rad10on Oct 12, 2021 1:38pm

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Post# 33997967

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Crouching tiger hidden weed stock - ALEAFIA OVERLOOKED!

Hopefully Cali will put some revised numbers out.

I still have a few debentures bought at 60 cents on the dollar for > 13% yield (without capital appreciation). The addition of the 10 million secured debt makes me think these won't get par next June. Standard gambit is to delay repayment on the unsecured until the secured becomes due, which shunts you down the line.

Debs are trading over 80cents on the dollar - any recapitalisation is anticipated will involve a large equity stake. It may be best to bank gains on the debentures and watch from afar. Liquidity is a problem though.

TRADECRAFTT wrote: Some fun facts

Organigram - As of May 31, 2021 - Q3 results

CASH = $58,400,000
Gross Revenue = $29.1 million
Credit Facility with BMO at 5.2% interest

Aleafia - As of Jun2 30, 2021

CASH = $4,854,000 (+$10 million credit facility)
Gross Revenue = $11,650,000
$40 million debt at 8.5% due June 2022 and $10 million credit facility at 12% due 2022

If Aleafia numbers start to look like OGI in Q3, only then will it sound familiar.
I dont like organigrams 500,000,000 prospectus. However, receiving a facilty with a competative 5.2% rate from a major financial institution like BMO helps.
I am just trying to be real here.