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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.


GREY:ALEAF - Post by User

Aleafia Health Inc > Silly Price
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Comment by DCFruleson Nov 20, 2021 11:05am
146 Views
Post# 34149280

RE:RE:Silly Price

RE:RE:Silly PriceValid point, but moving from 331 mil shares to 500 mil shares suggests 169 mil new shares will be sold. Multiplying this by $0.155 yields $26 mil. Based on past performance, I don't believe Aleafia will need more than $15 mil, particularly if the Fall harvest is profitable. This may also be supported by the observation that Aleafia hasn't announced any new financing as yet. You could very well be right, but here's hoping for a more positive outcome. 
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