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 > AH POVIDES UPDATE ON THE NEGOTIATIONS OF CONVERTIBLE DEBT

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Comment by sthineion Jan 04, 2022 8:47am

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RE:AH POVIDES UPDATE ON THE NEGOTIATIONS OF CONVERTIBLE DEBT

Of course they were going to do this. Putting the screws to them. So the holders had already agreed to push out to December 2023 and now they are going to get less on their dollar and a lower conversion rate. Those who were suggesting they would go bankrupt because of this impending payment were off base. Market was telling us that all things being the same the debenture holders were likely only to get fifty cents on the dollar.

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