Post by
sthinei on Oct 08, 2021 9:34am
I liked the last 3 sentences
"Simon said he hasn't ruled out buying smaller producers to make up any lost ground if there are some cost savings to be made and accretive to its sales. "My number one priority is to make sure we hold on to our market share today. You have to eat what's in front of you and not worry about the next meal," Simon said."
Aleafia is a low cost producer that can be accretive to a larger operator who can pay off the debt. In addition to that EU GMP costs have already been factored in to operations. If they can get approval for that it will be a huge boost. Why? German government is changing via election to more liberal bent. Recreational marijuana legalization will be on the agenda. There will be a period of time when that market will be supplied from reliable safe international sources before more home grown options replace it. If that buzz starts to grow and Aleafia has the EU GMP it makes it a very appealling target. I like the initiative Benic took in having that open house recently at their outdoor grow op. Great opportunity to build repore and interest among "budtenders" and reatilers here in the most important legal retail recreational market in Canada.
Comment by
ItwiIIbeoknowok on Oct 08, 2021 11:02am
I liked them too! Makes total sense. Great opportunity for Aleafia.
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