Aleafia Health Inc ALEAF

RE:Hexo..Redecan, Zenabis and 48 north...and then AH!

[sthinei]

Yeah it was the height of idiocy. Still I expect hexo will likely be able to post about 220 million in revs in the coming yearand the market cap only about 350 million. The foolishness is thd smount of debt they went into which in turn will be dilutive. Still Zenabis has a good foothold in EU Malta with this new move towards legalization taking place. Molson can look at what constellation paid for their interest in canopy and think they are getting a steal if they were interested in buying out Hexo in who they have a strategic partnership. If they paid 1.3 billion or less than $3 share they would then have biggest market share in canada for z fraction of what Constellation paid. I do agree aleafia ridiculously priced and can't believe Benic let it come to this. Aleafia likely going to post close to 60 million in revs so trading less than 1x sales. I have not seen that anywhere in the industry as the sector is just going up in smoke. Shard price decline accelerstion helped along via drastic tax loss selling and no ability or desire by companies or institutions to defend.