Post by
vinneyquaw2 on May 27, 2021 12:02pm
Aleafia is betting on the Canfor deal and other Union deals
to bring this company to respectability. If Aleafia fails this revenue stream we will be in big trouble?
Just my point of view, but thats what i'm taking away when i read the Q1 financial report and listened to the financial reports broadcast. Aleafia can grow and grow cheaply, but they obviously need the revenue streams to sell their products. I personally think medical is a great revenue stream, and it might just be Aleafias salvation. So far Aleafia hasn't had to scale back like all the bigs, but that will all change if Aleafia doesn't find dependable revenue streams to sell what they grow.
I think this could be a make or break year for Aleafia they have to start making money or they will run out and will have to dilute to generate operating capital - hopefully management can turn things around - fingers crossed!