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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 > Exact quote from CC
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Post by sthinei on Mar 30, 2021 12:06pm

Exact quote from CC

With respect to domestic wholesale, obviously, we have benefited from strong outdoor cultivation harvest, which contributed – which generated $10 million in sales from the segment. Given our focus on adult-use, medical and international, we primarily have our greenhouse dried flower allocated to adult-use international sales. It’s likely that we will see quarterly domestic wholesale revenue decline in the first quarter of 2021 relative to Q4 2020
Comment by penismightier on Mar 30, 2021 12:12pm
Keyword: Wholesale. It would make perfect sense that wholesale would decline, because the product would be sold through the rec and medical channels instead, since that is what they are focused on now. Pen.
Comment by granny10 on Mar 30, 2021 12:21pm
Ah. That makes much sense. Much more sense than what my meatflap diddling grandson RAD10-sthinei's alias just posted. Thanks for clarifying. 
Comment by sthinei on Mar 30, 2021 12:25pm
That is true.  However we just dont have a good idea re what their adult sales will look like.  If we end up with a 30-40% decline in wholesale in Q1 relative to Q4 then that will be difficult to overcome with increases in medical, international etc...  What we do know is that they announced $14 million in aggreements to sell wholesale outdoor crop back in december with majority in ...more  
Comment by stocktracker101 on Mar 30, 2021 12:41pm
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Comment by wrangler327 on Mar 30, 2021 12:53pm
Excellent points. Their products are literally flying off the shelves. The greenhouse by itself will bring them $100m or more in sales this year.  "Also, there is no supply glut for desired finished rec products. Their vape cartridges sold beautifully And again, bulk wholesale is only a filler. They stated this 1000 times. They are phasing out bulk and transitioning to rec"
Comment by sthinei on Mar 30, 2021 1:05pm
Selling wholesale not like selling finished product into a retail channel. Wholesale you can sell book that bulk sale right away. Retail is going to be limited by online demand a limited ability to sell in retail stores at this time. Kinslips are the best selling adult product and they have been available since q4. The product needs to be able to sell thru before you get re orders.
Comment by ShakngMyHead00 on Mar 30, 2021 1:09pm
Hey 8 month vacation dummy. Post something he already doesn't know. You're going in circles. 
Comment by stocktracker101 on Mar 30, 2021 2:52pm
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Comment by ShakngMyHead00 on Mar 30, 2021 1:10pm
Comment by ShakngMyHead00 on Apr 18, 2021 7:18pm
Comment by ShakngMyHead00 on Apr 18, 2021 11:06pm
Comment by ShakngMyHead00 on Apr 19, 2021 6:46am
Comment by KeyserShoze on Nov 18, 2021 5:37pm
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Comment by Toweringmars on Nov 18, 2021 6:46pm
Keezie works haaaaaard for the money. So haaaaaard, for the money. He works haaaaard for the money, So you'd better treat him right.
Comment by sthBUTinei on Nov 18, 2021 10:45pm
That he does. Keezie10 us going to need to work even harder now that I'm back. Bwhahahahaha.
Comment by ShakngMyHead00 on Mar 30, 2021 1:11pm
Comment by ShakngMyHead00 on Apr 02, 2021 10:57am
Comment by stocktracker101 on Mar 30, 2021 12:19pm
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