Aleafia Health Inc ALEAF

Do you think they will issue more stocks to raise capital?

[MrOptimization]

Curious about the correlation of net losses to market cap.

Because the stock price has dropped so much, it's not a 1:1 comparison. As cash levels raised from earlier stock issuances were higher than market cap today.

Looking at the annual statements, combined with 2020Q1 and Q2 Losses; Alefia has lost $75.73M in Net Losses since 2016 ($1.45M = 2016, $5.94M = 2017, $18.53M = 2018, $39.61M = 2019, $6.15M = 2020Q1, $4.05M = 2020Q2).

Their current cash position as of 2020Q2 is $57M. I'm just curious because if they issue more stock for cash, it will likely be at a discount.

https://www.marketwatch.com/investing/stock/aleaf/financials

[Toweringmars]

I wouldnt worry so much about their runway when to date they've been using 32.500kg's of capacity vs our now licensed 128,500kg's. We're about to see a massive drop in CPG across the board (to be THE lowest cost producer I would say... I mean its arguable that there are 3rd world countries in the southern hemisphere growing maybe a cent lower, but not to this scale or quality

[stocktracker101]

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[OldSchooI]

Tracker, I'm not going to sit here and dispute a damn thing that you just posted. However, I will ask if you took the time to confirm your findings with KnowWhenToRockMSockM?

[stocktracker101]

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[OldSchooI]

LOL!!! Thank you for the clarification. AHLooong!!!