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 > Hexo..Redecan, Zenabis and 48 north...and then AH!

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Comment by Toweringmarson Dec 15, 2021 8:35am

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Post# 34232022

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

That was only two months of sales from 48 and redecan. Stupid high price they paid, but most of that was in overvalued paper. SSL was clearly chasing madness and thinking he could mastermind everyone. There we're many jabs made at him in that conference call / transcript. Things like, we're not going to buy unprofitable market share just to say we're #1... And thats exactly what he did. He set out to buy other category leaders to baisically be like, hey Aurora, Tillray, Canopy.... Guess whos number 1?

Did anyone catch that a large part of their "Path Forward" plan is to get a focus back on medical and international? Its a good thing we're working through that regulatory mess now.

I think one of the biggest thing that keeps these companies up at night is watching the little / mid size players build their brands and totally rob them of market share. The companies that dont show brand growth at this point are going to get dusted. The ones showing real promise are going to get snapped up at premiums.

tovier wrote: When you look at the numbers, Hexo paid 1.2 Billion in takeovers for an increase of 14.7 Million in sales after they acquired 3 companies. This explains why Sebastien St.Louis was ousted for over leveraging the company he was running!

Correct me if I am wrong, Did we not have over 10 Million in sales last quarter and heading for a bigger numbers this quarter..and with a Market cap of only 40 Million?

Why do I have a feeling that Benic and his team are actually running a legitimate business that will actually do well in the next few years?

What the heck is going on with the Cannabis industry! SAD!

In the quarter ended Oct. 31, 2021, Hexo said in a news release, its acquisitions of rival cannabis producers Redecan and 48North added CA$14.7 million in sales.

https://mjbizdaily.com/hexo-promises-consumer-first-strategy-after-reporting-ca117-million-loss/