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Bullboard - Stock Discussion Forum 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... see more

GREY:ALEAF - Post Discussion

Aleafia Health Inc > Aleafia Nasdaq 2021 ?
View:
Post by Miamirules on Jan 10, 2021 12:58pm

Aleafia Nasdaq 2021 ?

https://www.globenewswire.com/news-release/2018/10/02/1588563/0/en/Aleafia-Submits-Application-to-List-on-NASDAQ.html

A
leafia applied to Nasdaq 21/2 years ago .. The application, I assume is still open .. ALEAFIA once it gets to $1.00 + should become compliant .. This should bring in some huge investors especially considering it's the only profitable cannabis stock .
Comment by sthinei on Jan 10, 2021 2:02pm
I agree. They need to look at it again. That us an option instead of doing the reverse stock split especially since they will have the numbers to fundamentally support a further advance. With aleafa numbers then can get to a billion market cap sumply if they match p/s ratio of the other competitors in Canada. In addition to that they are reducing debt at same time and will likely be thd only ...more  
Comment by red2000 on Jan 10, 2021 2:18pm
I found this, below... Anyway, Aleafia is well position to hit 1$ cdn before Q1 2021 ! Only my O ! https://investmentbank.com/nasdaq-listing-requirements/ To be listed on the NASDAQ exchange and reporting system, the following requirements: Shareholders Equity of at least $2,000,000. At least 100,000 shares of public float. A minimum of 300 ...more  
Comment by Miamirules on Jan 10, 2021 3:44pm
Aleafia will meet  of the requirements .. I assumed that $1 US was minimum requirement but that's only for continued listing .. Aleafia will be on the Nasdaq in 2021 , $3.00 is not that much ! 
Comment by Yojurr on Jan 10, 2021 4:08pm
What Are the Listing Requirements for the NASDAQ? " a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements"
Comment by Miamirules on Jan 10, 2021 4:58pm
Their is one other possibility and that's takeover an existing company on the Nasdaq which has next to nothing in market cap .. Aleafia would have to maintain a stock price of $1.00 us but that's nothing to worry about about these earnings and future earnings .
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