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An even dozen open stores, with another 11 opening by the end of summer. I sure hope One Plant is buying lots of Aleafia's products.
I think I'm gonna need to add here soon. Giddy back up Aleafia!
I thought I remembered Israel mentioned but maybe there is something different here.
Or everyone who owns shares in the company could spend time spreading the word it exists and buy their product. That would improve their fins enormously. Since in canada they have a perfectly legal product they can not advertise. No rules against word of mouth. That is one thing we investors can do to help our own bottom line.
Aleafia Health to Enter Israeli Cannabis Market, Bolstering International Sales Opportunity
Three-year agreement signed with Equinox International
Shipments expected to commence in Q1 2021, marking Aleafia’s fourth country with products in market
Israel is largest net importer of medical cannabis globally -
Aleaf Needs to take 2 Mil. of the 22 they just raised and buy back a Hand full of the shares they just soaked us with. Good Day..
Ndakota
$ALEAF that's not bad imo. .83/sh.
Aleafia Health Announces Closing of $22.7 Million Bought Deal Offering
https://aleafiahealth.com/news-releases/aleafia-health-announces-closing-of-22-7-million-bought-deal-offering/
TORONTO – March 9, 2021 – Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce that it has closed its previously announced bought deal offering (the “Offering”) for a total issuance of 27,390,000 units of the Company (“Units”) at a price per Unit of $0.83 for gross proceeds of $22.7 million, which includes a partial exercise of the over-allotment option. The offering was led by Cantor Fitzgerald Canada Corporation, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including Echelon Wealth Partners Inc. and Mackie Research Capital Corp. (together, the “Underwriters”).
Each Unit consists of one common share in the capital of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $1.05, for a period of 24 months following the closing of the Offering.
The Company intends to use the net proceeds of the Offering for growth opportunities and working capital initiatives.
It is expected that the Warrants issued in connection with the Offering will commence trading on the Toronto Stock Exchange (the “TSX”) on the date hereof under the symbol “AH.WT.B”. The Offering is subject to final acceptance of the TSX.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.
For Investor & Media Relations
Nicholas Bergamini, VP Investor Relations
1-833-TSX-ALEF (879-2533)
IR@AleafiaHealth.com
Learn More
www.AleafiaHealth.com
About Aleafia Health
Aleafia Health is a vertically integrated and federally licensed Canadian cannabis company offering cannabis health and wellness services and products in Canada and in international markets. The Company operates medical clinics, education centres and production facilities for the production and sale of cannabis.
Aleafia Health owns four significant licensed cannabis production facilities, including the first large-scale, legal outdoor cultivation facility in Canadian history. The Company produces a diverse portfolio of commercially proven, high-margin derivative products including oils, capsules, edibles, sublingual strips, and vapes. Aleafia Health operates the largest national network of medical cannabis clinics and education centres staffed by MDs, nurse practitioners and educators and operates internationally in three continents.
Forward Looking Information
This news release contains forward-looking information within the meaning of applicable Canadian and United States securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including risks contained in the Company’s annual information form filed with Canadian securities regulators available on the Company’s SEDAR profile at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information included in this news release are made as of the date of this news release and the Company does not undertake any obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
$aleaf $0.5156 v -0.0082 (-1.57%)
Volume: 384,678 @03/05/21 3:59:30 PM EST
The sale of the stock imho is playing a bigger Role in whats going on here.
I believe it end on the 12th of March, and the Warrants will allow them to purchase another share around .52 cents, Unless I Read some of that wrong??
Not to sure why they waited til the 25th of March to announce the Q-4? Good Day..
Ndakota
This is the same wavering we saw on the roll out of legal in Canada. I agree the company could be more responsive and communicate better with shareholders. They have done a lot tho, they are moving forward. They just made gummies available. They are not just sitting on their hands (or sitting in shareholder purchased armoured suvs) like some companies. We must be honest with ourselves. No share price will go only in the upward direction. We are at the mercy of the wider market and when ever it drops, we drop. You can set a trailing stop loss that will allow you to get out before it goes down too far or just fasten your seatbelts and know what you own.
I would say that almost all the cannabis stocks reached a peak at the same time around FEB 8-10 along with the Gamestop/Reddit spike etc. And almost all of the sector has retreated just as quickly after they all rose.
Soon we should know if Aleafia should be moving along with the entire sector or not when the next earnings report comes out.
Will they be generating enough net revenue to cover expenses...
Also the focus will shift when the Coronavirus bill in US is passed and they decide to bring up cannabis legislation like theyve signaled they will do.
Thanks Ndakota. I’m also an emblem holder. This is become so pathetic. I feel there is no integrity and honest transparency with the share holder. Things were going so well last month and yet again trip and bleed.
Ok so what is going on Hear???
IMHO There are lots of Questions to be Thrown out there...
The Company Paid down Debt. only to turn around and Dilute the share-Holders with Millions more shares.
As a reminder I'm still One of the share-holders that came from Emblem.. that Deal was a Punch in the Gut for Us. And I'm still Hear.
My Concern is in the Past. The CEO has Mentioned more then Once a Rev. Split!!
We are sitting on the TXP and find little to No Notice. I'm starting to feel like another Punch in the Gut is Coming. Yep I'm glutting for Punishment..
Are there any Holders of this Company on Positive Ground???? (that came from Emblem). I've added to My Position many times/Sold Nothing
I am Frustrated. The Company seems to take ONE step FWD and Two Back. I do expect a Very Good Q-4, but I still feel that Gut Punch Coming???? Again. Good Day ...
Ndakota
Aleafia Health Launches Cannabis Soft Chews by Bogart’s Kitchen
https://www.globenewswire.com/news-release/2021/03/02/2185088/0/en/Aleafia-Health-Launches-Cannabis-Soft-Chews-by-Bogart-s-Kitchen.html
Sure there is competition in the Canadian market but $ALEAF have their sights set on UNIFOR, Israel, Germany, Australia too unlike many others.
All good points! Great post!
Analysts Expect Aleafia Health Inc. (TSE:AH) To Breakeven Soon
By Simply Wall St
Published February 26, 2021
With the business potentially at an important milestone, we thought we'd take a closer look at Aleafia Health Inc.'s (TSE:AH) future prospects.
Aleafia Health Inc. operates as an integrated cannabis health and wellness company. With the latest financial year loss of CA$40m and a trailing-twelve-month loss of CA$40m, the CA$227m market-cap company amplified its loss by moving further away from its breakeven target.
Many investors are wondering about the rate at which Aleafia Health will turn a profit, with the big question being “when will the company breakeven?” We've put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.
Aleafia Health is bordering on breakeven, according to the 3 Canadian Healthcare analysts. They anticipate the company to incur a final loss in 2020, before generating positive profits of CA$10m in 2021.
Therefore, the company is expected to breakeven roughly 12 months from now or less.
We calculated the rate at which the company must grow to meet the consensus forecasts predicting breakeven within 12 months. It turns out an average annual growth rate of 117% is expected, which signals high confidence from analysts. Should the business grow at a slower rate, it will become profitable at a later date than expected. Given the guidance, 117% growth seems like a slam dunk? - FUNMAN
earnings-per-share-growth
TSX:AH Earnings Per Share Growth February 26th 2021
Underlying developments driving Aleafia Health's growth isn’t the focus of this broad overview, but, bear in mind that by and large a high forecast growth rate is not unusual for a company that is currently undergoing an investment period.
Before we wrap up, there’s one aspect worth mentioning. The company has managed its capital prudently, with debt making up 15% of equity. This means that it has predominantly funded its operations from equity capital, and its low debt obligation reduces the risk around investing in the loss-making company.
Next Steps:
This article is not intended to be a comprehensive analysis on Aleafia Health, so if you are interested in understanding the company at a deeper level, take a look at Aleafia Health's company page on Simply Wall St.
https://simplywall.st/stocks/ca/healthcare/tsx-ah/aleafia-health-shares
We've also put together a list of relevant aspects you should further examine:
Valuation: What is Aleafia Health worth today? Has the future growth potential already been factored into the price? The intrinsic value infographic in our free research report helps visualize whether Aleafia Health is currently mispriced by the market.
https://simplywall.st/stocks/ca/healthcare/tsx-ah/aleafia-health-shares#value
Management Team: An experienced management team on the helm increases our confidence in the business – take a look at who sits on Aleafia Health’s board and the CEO’s background.
https://simplywall.st/stocks/ca/healthcare/tsx-ah/aleafia-health-shares#management
This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.
We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
By: Simply Wall St
Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Our research team consists of equity analysts with a public, market-beating track record.
As more and more cannabis stores open, some ask: How many can stay in business?
By: Patrick Cain
Data Journalist@Cain Contact
Published Thursday, February 25, 2021 1:45PM EST
Last Updated Thursday, February 25, 2021 3:56PM EST
So much for this not going to low 50’s again. Just like I projected.
Since we will need to wait for the Q4 report, perhaps we can get some enthusiasm if the USA makes some progress in legalization on a Federal level.
Here is one update I found:
https://www.marijuanamoment.net/democratic-senate-leaders-announce-steps-to-federally-legalize-marijuana-in-2021/
Here is someone who has been through the Canadian system, it looks like her head is still spinning.
I like that she said she likes Emblem products because they are consistent.
Imo slowly but surely it'll happen across the country
Hopefully PA, NY and CT follow. That would mean a lot for one of my USA MSO's.
New Jersey governor signs bills legalizing marijuana
https://thehill.com/homenews/state-watch/539897-new-jersey-governor-signs-bills-legalizing-marijuana
Here are the ER and CC details --->>> Aleafia Health to Announce 2020 Fourth Quarter and Year End Results
Aleafia Health to Announce 2020 Fourth Quarter and Year End Results
https://www.globenewswire.com/news-release/2021/02/25/2182359/0/en/Aleafia-Health-to-Announce-2020-Fourth-Quarter-and-Year-End-Results.html
Good story about your friend.
They are already expanding into 2.0 products. Actually they were some of the first legal vape pens in Canada. They launched their “KinSlips” (melt in your mouth peppermint flavoured strip) in 5mg and 10 mg per strip formatthis fall. I personally know someone who has been in great pain for a long time. Who hates the taste of weed and being “high” but got relief literally immediately after trying one for the first time! This is sucah a wonderful medicine and I am just amazed at how it is all unfolding.
So far AH has 4 different 510 vape carts and 3 varieties of kinslips on shelves now in addition to their flower line. The Zen Grden or the Liberation put me to bed every night. They are lovely!
Thanks Funman!
I agree there was much not included in this that we know about. At this point, I just want to see the Q4 results. Even with share dilution, I think we are in good shape in the long term. At least we are seeing others besides those here talking about this company.
Yep, Grabbed a few more shares today, I feel they have Overlooked the Unifor deal, there is also an International sell to Australia, on top of the Two Alpha announced, Israel @ Germany. I'm not overlooking the Medical Cannabis in Germany. (Acnos). They will be put on the Map this year!!! Good Day???
Ndakota
UNIFOR TAKES ACTION --->>> UNIFOR (Canada's largest private sector union) may turn out to be the biggest asset any Canadian LP could secure. It has the ability to explode Aleafia's revenues.
I brought it up before; if the demand explodes Aleafia will have the supply problem to solve. Obviously that's a welcome problem. During the interim wholesale purchases will be necessary until they secure more indoor and or outdoor cultivation facilities. One step at a time.
The agreement between UNIFOR and Aleafia is a done deal. Aleafia announced it on January 21, 2021.
https://aleafiahealth.com/news-releases/unifor-and-aleafia-health-enter-exclusive-agreement-to-support-medical-cannabis-coverage-for-members/
The local unions have to negotiate with their local insurance providers as the following explains.
A little color about the article --->>> Aleafia has executed as well as could be expected given what they had to operate with; that being limited access to capital. We have to deal with the O/S consequence of it.
That's always going to be an EPS limiter.
Operationally, I have confidence in the moves they made especially with kin slips.
This article points out that their outdoor grow is not equal comparatively to the quality of indoor grow. DUH
It points out the indoor Niagara facility is now online. It leaves out that they are harvesting every month because of it. That gives them the ability to produce consistent quantities and level off revenue peaks and valleys.
It also leaves out that outdoor grow is cheap and perfectly fine for Cannabis 2.0 products. It pointed out that the Niagara facility was used last year to produce starter plants for outdoors. It left out that Aleafia will not be doing that again this year. At the outdoor grow facility Aleafia also built incubation sheds for starter plants. That will add production efficiency and a much earlier planting.
The article also left out how late the Niagara facility license was issued last year. That delayed the starter plants, which delayed/reduced outdoor yield. It also delayed the first indoor harvest, which vastly delayed product, which crushed Q3.
It also left out the stolen product shipment in Dec 2019 which Aleafia made up for, which further depleted inventory. Aleafia never provided follow-up. The lack of news leads me to believe they were never adequately compensated by the insurance company. - FUNMAN
From the UNIFOR website;
https://www.unifor.org/en/whats-new/news/unifor-partners-aleafia-health-medical-cannabis-coverage
We already knew this but it’s still nice to see it on the UNIFOR site.
Seeking Alpha cautiously optimistic
https://seekingalpha.com/article/4408159-aleafia-stock-2021-could-prove-pivotal
Thank you FUN. Same to everyone on this board.
I hope your 4 year shares pay off for you.
Let’s see what happens. Been holding significant amount of shares for the last 4 years.
Revenues of $15+M are weeks away from being reported. That's the only thing holding the PPS up right now.
Personally, watching it today was just a bummer, so I feel your disappointment.
But the bright side was misery likes company. The entire cannabis sector tanked today except for my one retail holding (FFLWF) which was up only because they announced a toehold acquisition in the USA.
Hoping Aleafia drops back into the low 50's before the ER is an opportunity I hope occurs.
This stock is like a weather in San Francisco. You will only get 5 warm days out of a year.
Edibles, now I'm hungry.
I think you are right. I may have overlooked some of the new Cannabis 2.0 products on the products page.
I also thought during the manufacturing buildout that they brought in equipment for making edibles?
I think they have been trying FUN.
Sure hope Aleafia broadens its SKU's --->>> 4 Reasons Why The Cannabis Industry Has Become So Profitable
By: Green Market Report
February 19, 2021
Hoping for low 50’s
See blueCannabis Reform Could Get a Major Boost in the U.S. this Year
As legal cannabis goes mainstream, it’s finding its way into a good deal of medical, beauty, and even recreational products. Along the way, it’s revolutionizing the way medical issues are being treated all over the world. Some of the most well-known chemicals are already helping to treat epilepsy, neuropsychiatric disorders, cancer, chronic pain, and anxiety, for example.
Helping even more, Senate Democrats could make cannabis reform a top priority in 2021. “We are committed to working together to put forward and advance comprehensive cannabis reform legislation that will not only turn the page on this sad chapter in American history, but also undo the devastating consequences of these discriminatory policies,” said Senate Majority Leader Chuck Schumer (D-NY), Senate Finance Committee Chairman Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ), as quoted by Marijuana Moment.
That Could Help Drive Big Interest in Cannabis Companies
Pure Extracts Technologies Corp.(CSE:PULL)(OTC:PRXTF)(XFRA:A2QJAJ) and Canada House Wellness Group (CSE: CHV), a fully integrated medical cannabis company, just announced they have entered into a Cannabis 2.0 distribution agreement. Under the terms of the Agreement, Canada House's wholly owned subsidiary, Abba Medix Corp. will distribute Pure Extracts' line of concentrate products through its established provincial distribution channels.
"We've been extremely impressed with the Pure Extracts team and the brand presence they have established, particularly in the western provinces, and are looking forward to supporting their commercialization efforts in a mutually beneficial way," commented Chris Churchill-Smith, Canada House CEO.
Pure Extracts’ CEO, Ben Nikolaevsky, added, "This Agreement allows us to quickly and efficiently get our outstanding line of full spectrum oil vape and edible products to retail buyers across Canada while our Sales Amendment application is being processed by Health Canada."
Medical Cannabis Could be a $53.35 Billion Market by 2025, Says Market Research Future
Other than Pure Extracts Technologies Corp., look at Aleafia Health Inc. (TSX:AH)(OTC:ALEAF).
The company just announced it will commence cannabis exports to the Israeli medical cannabis market. The Company signed a binding letter of intent with Equinox International Ltd., a licensed British medical cannabis company with operations in the Israeli market. Under the LOI, Equinox has committed to purchasing approximately 1,400 kg of dried flower in 2021. The first shipment to Equinox is expected to occur in Q1 2021 pending receipt of necessary import and export permits and completion of Aleafia’s cultivation cycle. Permit applications have already been submitted and will mark the first export of EU GACP-compliant dried flower grown at Aleafia’s Niagara Greenhouse facility.
Tilray Inc. (NASDAQ:TLRY), a global pioneer in cannabis research, cultivation, production, and distribution, announced it has agreed with Worldpharma Biotech through its wholly-owned subsidiary Tilray Portugal Unipessoal Lda. to export Good Manufacturing Processes (GMP) certified medical cannabis from Portugal to Spain. The shipment marks the first medical cannabis import into Spain by Worldpharma and the 17th country to receive Tilray medical cannabis worldwide. The Agencia Española de Medicamentos y Productos Sanitorios (AEMPS), Spain’s food and drug administration, has approved Worldpharma to import Tilray’s GMP-certified medical cannabis as raw material from its Portugal facility to Spain.
Aphria Inc. (TSX:APHA)(NASDAQ:APHA), a leading global cannabis-lifestyle consumer packaged goods company inspiring and empowering the worldwide community to live their best life, announced the addition of topicals to its award winning adult-use brand Solei®. Known for its occasion-based offerings, our Solei® Topicals will join a range of other formats currently available, including whole dried flower and pre-rolls, smoke-free oils, oral sprays, soft gels, and vapes. Solei® is the first brand from Aphria’s portfolio to enter the topicals market with its lineup including three of its popular Moments: Unplug (Lavender), Balance (Orange Citrus), Free (Cucumber Mint) and Free Unscented. Solei® Topicals have been carefully formulated to provide consumers with the highest potency topical currently available in the Canadian market (500mg of cannabinoid per container) and a superior texture comparable to a premium non-infused cream – rich to the touch.
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Pure Extracts Technologies Corp. by a third party. We own ZERO shares of Pure Extracts Technologies Corp. Please click here for full disclaimer.
Contact Information:
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ty@LifeWaterMedia.com
IMHO there is little doubt that this company is growing and making smart decisions. I trust them to enhance shareholder value in the long term, and pullbacks like today are short term movements that we may not like, but are inconsequential in the long term. People are willing to invest $20M because they are also confident of the long term prospects of this company. I encourage shareholders to keep their eye on the horizon rather than looking down at the few feet in front of them. Of all the stocks I purchased in the sector, this is one of two I continue to hold; that is because I see it having the best potential for long term share price appreciation.
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