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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 rad10on Dec 06, 2021 8:08am
152 Views
Post# 34201339

RE:Ex ceo at hexo such a dope

RE:Ex ceo at hexo such a dope

sthinei wrote: Goes into all this debt in an unprofitable busines without enough rope to stretch things out for a significant period of time. I suspect they will be sold. Whoever buys them gets second largest market share in Canada, biggest share in Quebec, # 1 pre roll brand and eu gmp facilities in Malta.through Zenabis. The whole company could be sold for $1 bln despite the fact they just bought redecan for $900 mln. These ceos could not pass a first year commerce degree in university. Real dopes.


Facts! And nice play on words in the title!

this sector seems cursed.  Peter Aceto seemed like a financially literate CEO with a strong banking background - and CannTrust blew up in his face.

As for the others - without question this industry has attracted some clueless wannabe C suite types.  

It's a great example of "bet the jockey, not the horse" .  Those old Midas pump videos should be compulsory first year commerce viewing.
 

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