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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 Tan4646on Jan 01, 2022 3:09pm
151 Views
Post# 34276376

RE:RE:RE:Good article on weed industry in Canada

RE:RE:RE:Good article on weed industry in CanadaAgeed,  the idea of decriminalization seemed noble enough but like alcohol and tobacco the various levels of government had to develop regulations and tax revenue schemes to make it socially and politically acceptable. In my opinion the convience of having a store down the block, with advice and  variety of brands makes the overall industry viable over the long term. As mentioned how does the industry and gov find a price point and tax level that discourages the illict market. Until that point is discovered business models will have to be worked and reworked.

Can AH operate as a going concern for long given the realities it faces.  Land and buildings have value but can equipment be sold or repurposed without massive impairment?  I have no idea and it may not matter if lenders have leins on all of it.  I long forward to seeing how the next quarter financials look. My postion is much smaller than it was when it ran to the 1.20's ealier this year. 
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