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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.


GREY:ALEAF - Post by User

Comment by Toweringmarson Nov 18, 2021 1:04pm
98 Views
Post# 34141584

RE:RE:LOL! No kidding Barclays

RE:RE:LOL! No kidding BarclaysSiiiiiiiiigh
Get the last word in keezie.
You're truly a man of the people.

KeyserShoze wrote: Big lol. Aleafia ran to $1.28 in February on US legalization hype. They wouldn't even have been able to raise that $22 million with out that hype. But no kidding Barclay's.
sthinei wrote: They will benefit from Germany though.

Canadian firms unlikely to benefit from U.S. cannabis growth - Barclays

Nov. 18, 2021 9:32 AM ETTilray, Inc. (TLRY)CRON,CGCMMNFFBy: Dulan LokuwithanaSA News Editor19 Comments

 

Kazyaka/iStock via Getty Images

 

  • Barclays has started the coverage on several Canadian Licensed Producers with less than favorable recommendations arguing that they are unlikely to gain a sizable advantage from potential federal legalization of cannabis in the U.S.
  • The analysts have issued Underweight ratings on Tilray (NASDAQ:TLRY) and Cronos Group (NASDAQ:CRON) which were trading ~3.3% and ~1.1% lower in the pre-market, respectively. The price target for Tilray (TLRY) at $10 per share indicates a downside of ~19% while that for Cronos (CRON) at $5.5 per share implies a downside of ~1% to the last close.
  • Meanwhile, the firm has rated Canopy Growth (NASDAQ:CGC) with an Equal-weight recommendation with the price target of $14 per share implying a premium of ~3% to the last close. Canopy (CGC) was trading flat in the pre-market.
  • The analysts point out that a majority of the enterprise value of the above stocks have been attributed to their potential in the U.S. market while the firms cannot directly invest in the U.S market.
  • They observe that the companies have entered into deals with the U.S. MSOs seeking minority stakes in the event of a federal legalization of cannabis in the U.S.
  • “We think the benefit of these deals accrues to the shareholders of MSOs rather than those of the Canadian companies,” the team of analysts argued.
  • In a transaction with MedMen Enterprises (OTCQB:MMNFF), Tilray (TLRY) took a major bet on the U.S. cannabis market a few months ago.




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