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 > Just the beginning😏

<< Previous

Bullboard Posts

Next >>

Comment by Toweringmarson Dec 29, 2021 2:32pm

187 Views

Post# 34268448

RE:RE:RE:RE:RE:RE:Just the beginning😏

You have a way of implying things and pretending to know vastly more than the next person. I'm not sure if it's arrogance or simply a desire to portray yourself as intelligent. Generally those We tend to view as truly intelligent don't care what people think of them...

Perhaps the "facilities" have much more room to be mortgaged than you "speculate". Perhaps their "books" have been cleaned up for a reason. Perhaps you enjoy a good rearing on days that end with Y, and still have not disclosed your intentions here? Perhaps.

KeyserShoze wrote: I did. Its typical from these guys. Very vague and loose with the details. Whats with "in line with the previous rates"? lol. Just say it. 10%, 11%, 12%. We don't know if the loan can be pulled based on whats in the small print and details. It's says up to $19 million. They've only received $12 and I am assuming the $7 million for receivables will have more restrictions. This lender must know about book cooking so they'll be very selective on which receivables they finance id they're smart. I wouldnt finance anything that's not with the provinces. But at least they've finally communicated to the shareholders. That must have really sucked for shareholders to be left hanging like that for over a month. One thing is for sure, all 3 facilities are tied up now. If they fail to turn a profit and pay, these guys are first in line to take their money back. $24 million for all three facilities is a lot lower than the $74 million aleafia has them valued at in their books. Thats only 33%. Those still on the fence or researching have to understand that whatever Aleafia values property/plant, inventory, receivables and bio assets at in their books means absolutely nothing. These items are only worth what the market is willing to pay for them. Hence the constant write downs on inventory, licences, assets, etc. This money should get them to the end of q1. If q4 doesn't blow the doors off, this will get even uglier imo.

rad10 wrote: Keyser - you noticed the lack of details too...