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Marketwatch
Cash & Short Term Investments
Quarter ended Mar 31st 2021
17.68M
Sorry about the awkward copy and paste job but I found this….
ALEAFIA HEALTH INC.
Notes to the Consolidated Financial Statements
For the periods ended March 31, 2021 and 2020
(Amounts reflected in thousands of Canadian dollars, except share and per share amounts)
The following table sets for the Company’s financial assets measured at fair value on a recurring basis by level within the fair value hierarchy:
Quoted Prices in Active Markets for Identical Instruments (Level 1)
Significant Other Significant Observable Unobservable Inputs Inputs (Level 2) (Level 3)
- - 2,620 4,000
2,620 4,000
Total
$ 17,678 6,620
24,298
Cash and cash equivalents
Investments -
Total $ 17,678
$ 17,678
$
Maybe someone can help me plug in the CASH on hand figure.
COMPARISON ALEAFIA VS TILT HOLDINGS
Aleafia ALEAF
Last quarterly revenue $7.07M
Adjusted EBITDA $3.03M
Shares outstanding 330,491,826
Net loss/gain <$11,248,000>
Cash and cash equivalent $N/A
Price per share $0.33
TILT Holdings TLLTF
Last quarterly revenue $46.8M
Adjusted EBITDA $6.2M
Shares outstanding 325,668,294
Net loss/gain <$1,500,000>
Cash and cash equivalent $9M
Price per share $0.50
We are in the right place at the right time. Looking forward to what they do next quarter. I’m glad they are wholesaling less and using more of their grow in their own brands. I know their Zen’s Garden high cbd/low thc does the trick in my family. I prefer their products to Redecan’s. It does not have any aftertaste.
Aleafia Health is a cannabis winner, says Raymond James
https://www.cantechletter.com/2021/06/aleafia-health-is-a-cannabis-winner-says-raymond-james/
Raymond James analyst Rahul Sarugaser likes the way Aleafia Health (Aleafia Health Stock Quote, Chart, News, Analysts, Financials TSX:AH) is developing, saying in a company brief to clients on Wednesday that investors should see some better days ahead for both the company and stock.
Ontario-based Aleafia Health is a licensed producer of medical and rec cannabis, a provider of direct-to-consumer cannabis delivery and the largest provider of cannabis health services in the country. Aleafia has secured agreements with some of Canada’s largest unions and employers on insured medical cannabis services, including Unifor, the country’s largest private-sector union.
In his report, Sarugaser commented on a flurry of recent announcements from Aleafia, starting on June 3 with the company’s first medical cannabis export to Germany. Aleafia sent dried flower grown at its Niagara greenhouse including the company’s THC cultivar Sour Kush and represented a milestone for the company in entering the German legal cannabis market.
“This is AH’s second major international export market, after Australia,” Sarugaser wrote. “AH indicates that it will make two further shipments to Australia in the near and medium-term, the first of which should ship in June.”
On June 10, Aleafia launched four new large format products under its “everyday cannabis” brand Divvy. Coming in 14-gram pouches and a ten-gram pre-milled flower offering in the dried flower and pre-roll categories. On the Divvy launch, Sarugaser said AH’s low-cost cultivation at its Niagara greenhouse and Port Perry outdoor grow should give the company a material cost-of-goods-sold advantage relative to most of its peers in the value segment of the cannabis market.
Then on June 14, Aleafia launched a peppermint-scented CBD roll-on product for the company’s Noon & Night brand of wellness products, followed on June 15 with the announcement that it had largely completed planting on its 86-acre site in Port Perry, Ontario, expanding on last year’s plant which produced 31,200 kg of dried flower at a cash cost to harvest of $0.10 per gram.
“Through the tremendous diligence and hard work of our operations team, we are poised to take another major step forward this year in outdoor cultivation. With all infrastructure completed and licences secured last year, Port Perry has become a highly advanced, year-round operation that we expect to deliver major improvements in our total yield,” said Aleafia Health CEO Geoffrey Benic in a press release.
On the Port Perry grow, Sarugaser said, “The outdoor harvest empowers AH’s adult-use consumer brands such as Divvy, with its large-format value cannabis flower offerings and serves as input material for AH’s adult-use derivative products and its CBD-focused wellness line of products (e.g. Noon & Night).”
Sarugaser said all of the above events help demonstrate how Aleafia is making progress toward its strategic targets. Looking at the adult-use market, Sarugaser said AH showed over 70 per cent sequential revenue growth in the adult-use channel in the month of May, a sign that the company’s escalation of SKUs for the rec market is beginning to pay off by winning market share.
On the medical services front, Sarugaser said he expects to see small contributions during the current second quarter from the company’s exclusive agreement with Unifor, with business ramping up over the second half of the year. The analyst noted that Ford Motor Company was the first major employer to ratify a medical cannabis program for its employees, with participation recently commencing, while Sarugaser sees General Motors as likely among the next to initiate participation.
With the update, Sarugaser reasserted his “Outperform 2” rating for Aleafia, while looking ahead, the analyst is calling for AH to generate 2021 and 2022 revenue of $64 million and $102 million, respectively, and 2021 and 2022 EBITDA of $3 million and $10 million, respectively.
“AH’s positive adult-use sales data, combined with its typically large, seasonal LP-to-LP sales yielded from outdoor harvests, combined with its steadily ramping Canadian medical cannabis revenues, combined with solid progress with international medical cannabis exports, makes us optimistic about AH’s stock during the quarters to come. In our view, AH is on its way up,” Sarugaser said.
Aleafia last reported its financials in mid-May, where a drop in the company’s domestic wholesale business saw overall revenue fall from $13.7 million a year ago to $6.2 million for the first quarter 2021. By segment, net medical cannabis revenue up 95 per cent year-over-year to $2.7 million, net adult-use cannabis was up 143 per cent to $1.7 million and net bulk wholesale revenue was down 84 per cent to $1.9 million.
“To further leverage product portfolio expansion, we have only just begun the deployment of our highly differentiated medical cannabis ecosystem through the trailblazing exclusive agreement with Unifor, Canada’s largest private sector union,” said Benic in a press release.
“The ability to service a captive audience of union members who receive insurance coverage for medical cannabis is an important catalyst. We believe that this sets the table for a strong 2021, driven by repeatable, profitable sales in the medical, adult-use and international markets,” he said.
About The Author / Jayson MacLean
Jayson is a writer, researcher and educator with a PhD in political philosophy from the University of Ottawa. His interests range from bioethics and innovations in the health sciences to governance, social justice and the history of ideas.
Just saw that in my email FUN. Sorry to hear.
Aleafia Health Announces the Passing of Director Daniel Milliard
TORONTO, June 17, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), with great regret announces the passing of Daniel Milliard, a valued member of its Board of Directors.
“We are tremendously sad that our dear friend and colleague Daniel Milliard has passed away. It was a privilege to serve with Dan on Aleafia’s board and previously at Emblem, where I witnessed firsthand his integrity, work ethic, and business acumen,” said Aleafia Health Director Loreto Grimaldi. “Through decades of experience as a senior executive and director, Dan provided wise counsel and a steady hand that will be greatly missed. On behalf of our board of directors and management, I would like to extend our deepest condolences to Dan’s wife Maria and family.”
For Investor & Media Relations:
Nicholas Bergamini, VP Investor Relations
1-833-879-2533
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 with sales and operations in Australia and Germany. 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.
FURMAN, I must say you have nailed it. the Q-1 was disappointing. when I was an Emblem holder I took a Bath and We are all Aleaf Holders and we continue to Bath our-selves. I'm holding what I have to see what advantage a Second Mover Advantage Means???
They have succeeded with the Union up in Canada, What ever has happened with the Acnos Deal in Germany, seems to have passed us by, and Management does NOT want to bring it up. Plus we have been hit with 2-Share dumps this year and we're only 6- Months in.. Good Day...
Ndakota
There is a new review of Bogart’s Kitchen gummies
Aleafia Health to Participate in the Cantor Fitzgerald Cannabis Forum Webcast on June 16 at 10:00 a.m.
https://www.globenewswire.com/news-release/2021/06/15/2247761/0/en/Aleafia-Health-to-Participate-in-the-Cantor-Fitzgerald-Cannabis-Forum-Webcast-on-June-16-at-10-00-a-m-ET.html
Thanks for the input. I have not forgotten about the union contract. I want to see it contributing to the growing revenue base.
happyglass Tuesday, 06/15/21 03:58:49 PM
Re: FUNMAN post# 3142
Post # 3145 of 3145
All LPs have faced the same challenges. The Canadian rollout has been very slow and that hurts all of them. Aleafia’s secret sauce is their deal with the unions. As of 3 weeks ago All current and retired Ford Canada employees are eligible to get their cannabis medicine through their benefit plans! Who doesn’t want their employer to pay for their weed? Ford is just the first of the “Big 3” to negotiate and Unifor is the union that not only covers automakers but the hospitality and retail workers too. Aleafia has effectively contracted to supply their products to a captive group where there is no competition. That is why I am in them in a big way and accumulating more all the time while this opportunity is here.
All of their retail products are also available to patients so that is a plus too. Canada’s silly packaging laws limit branding but these guys have basically built a customer base of giant proportions in spite of that. This us why I am here and not in any other Canadian tickers at the moment. I will get back in to HighTide once the price settles after the r/s and up list. They will have legs too but the correction is still ongoing.
All LPs have faced the same challenges. The Canadian rollout has been very slow and that hurts all of them. Aleafia’s secret sauce is their deal with the unions. As of 3 weeks ago All current and retired Ford Canada employees are eligible to get their cannabis medicine through their benefit plans! Who doesn’t want their employer to pay for their weed? Ford is just the first of the “Big 3” to negotiate and Unifor is the union that not only covers automakers but the hospitality and retail workers too. Aleafia has effectively contracted to supply their products to a captive group where there is no competition. That is why I am in them in a big way and accumulating more all the time while this opportunity is here.
All of their retail products are also available to patients so that is a plus too. Canada’s silly packaging laws limit branding but these guys have basically built a customer base of giant proportions in spite of that. This us why I am here and not in any other Canadian tickers at the moment. I will get back in to HighTide once the price settles after the r/s and up list. They will have legs too but the correction is still ongoing.
Aleafia isn't like a humming factory where you can see and hear more and more products being manufactured.
This is literally watching and waiting for "grass-to-grow".
All of the news leads to two things. We are waiting on the 3rd and 4th quarters again to see impressive YoY revenue comparisons. We need to see GAAP (measurable) profits.
EBITDA profits are like a Band-Aid. They cover the wound but don't heal the wound.
At this time last year we were thinking Q1 2021 revenues would build on Q4 2020, and $60M might be this year's base revenue number.
It turns out that the 2021 Q1 was a woeful disappointment; literally less than half of what I was hoping for.
So far mgmt has earned the PPS.
Aleafia Health Poised for Successful Outdoor Cultivation Season
https://aleafiahealth.com/news-releases/aleafia-health-poised-for-successful-outdoor-cultivation-season/
TORONTO, June 15, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a global leader in cannabis wellness products and services, today announced that it has largely completed planting across 86 acres at its outdoor cultivation facility in Port Perry, Ont. The milestone was achieved a month earlier, and on a significantly larger scale, than the 2020 outdoor season, which yielded 31,200 kgs of dried flower, at a cash cost to harvest of $0.10 per gram.
“Through the tremendous diligence and hard work of our operations team, we are poised to take another major step forward this year in outdoor cultivation. With all infrastructure completed and licences secured last year, Port Perry has become a highly advanced, year-round operation that we expect to deliver major improvements in our total yield,” said Aleafia Health CEO Geoffrey Benic.
“Our low-cost cultivation advantage at scale has allowed us to enter the dried flower market in a meaningful way with the successful launch of our everyday cannabis brand Divvy. Likewise, it provides consistent input materials for our growing portfolio of differentiated cannabis derivative products.”
Major improvements to the facility were made last year, including site-wide underground irrigation and the construction and licencing of an additional 30,000 sq. ft. of licensed drying and storage buildings. Propagation commenced in November 2020, which resulted in plants that were significantly more mature relative to previous years.
The 2021 harvest will feature the Company’s signature THC, CBD and balanced cultivars, along with a number of new THC-dominant strains which were selected following research and development cultivation trials last year.
For Investor & Media Relations:
Nicholas Bergamini, VP Investor Relations
1-833-879-2533
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 with sales and operations in Australia and Germany. 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.
I want to try their products over-and-over
Especially the kin-slips.
happyglass Member Level Monday, 06/14/21 06:28:40 PM
Re: FUNMAN post# 3130
Post # 3135 of 3142
I have family that suffers from migraines and are very eager to try it. I will let you know.
I am on the downside of the enthusiasm I felt for Aleafia 18 months ago.
Then I thought Aleafia was a hidden gem that didn't appear on many radar screens.
Now I'm starting to think every LP is executing on new product development. Aleafia is just another one of them.
Consumers have so many options.
Aleafia needs to keep raising money just to keep the lights on. But their cash needs seem to be greater than other LPs doing the same thing as a percentage-of-revenues.
The greatest testimonial would be consistent and rising consumer demand for Aleafia's products.
So far they seem to not have problems with getting initial orders that jack the revenues up and excite us.
It's the follow-on orders we need to see that builds their revenue base upwards.
So far the revenue base isn't building "up-and-to-the-right", therefore the consumer isn't returning to the retail stores to loyally keep buying Aleafia's products.
I'm holding and waiting.
A reverse split? I certainly hope not! I can see no benefit to that at all. Their progress building brands and a loyal customer base will bring the price up organically. A forward split would not make any sense at all at the moment either.
Great news! Thanks for posting
Is it crazy to think they will do a split somewhere down the road?
Aleafia Health Poised for Successful Outdoor Cultivation Season
https://www.globenewswire.com/news-release/2021/06/15/2247136/0/en/Aleafia-Health-Poised-for-Successful-Outdoor-Cultivation-Season.html
I agree HG.
I’ve added recently
Better times ahead
GL!
I think those who held and accumulated will be very handsomely rewarded. The Canadian market is finally opening up and everybody is so focused on the US mess they will miss it. That works for me lol!
I think the MSOs are going to have the same problem now faced by the LPs. They have to buy large quantities of assets that will be baggage when the laws become rational 1 or 2 mfg facilities will be enough to serve the country when they can ship across borders. What will they do with all of the extra ones they are building in each state just so they can have first mover advantage? I’ve seen this movie before and the ending is frustrating.
The reason Aleafia is poised to thrive is their “2nd mover advantage” it is a real thing. They do not have to get rid of useless assets the first movers bought just to get licenses. Actually I think they got one of their state of the art facilities on a first mover fire sale didn’t they? History is very helpful.
I have family that suffers from migraines and are very eager to try it. I will let you know.
ALEAF—Many are walking a similar road and sentiment—GLTU/A
If it's a "real sign" that would be encouraging and long overdue.
I'm just holding now because I my investment plan can't be to only average down on disappointing numbers.
I would like to be buying on encouraging sustainable QoQ revenue increases.
It will be "funny" if after Mr Benic's buys, Aleafia announces positive guidance.
mauiguy2 Monday, 06/14/21 01:12:53 PM
Re: $oldier Hard post# 3131
Post # 3132 of 3132
Yes, to the tune of 357,000 shares on the open market. No paltry amount. It's gotta be seen as encouraging to us shareholders.
Quote:
I see also Mr. Benic bought more shares in the company.
Yes, to the tune of 357,000 shares on the open market. No paltry amount. It's gotta be seen as encouraging to us shareholders.
I see also Mr. Benic bought more shares in the company.
Never heard of that either and we may have to wait a bit to see revs on the product. It is interesting though.
I see also Mr. Benic bought more shares in the company.
Aleafia Health Expands Trailblazing Wellness Brand Noon & Night with Launch of Freshly Minted Roll-on
Great News - Now show me the revenues.
This is a unique new product. I don't think I ever heard of a "roll-on" cannabis product.
I wonder if there is a ready market to satisfy? - FUNMAN
https://aleafiahealth.com/news-releases/aleafia-health-expands-trailblazing-wellness-brand-noon-night-with-launch-of-freshly-minted-roll-on/
TORONTO, June 14, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a global leader in cannabis wellness products and services, today announced the expansion of its trailblazing cannabis wellness brand Noon & Night with the launch of the first of its kind CBD Freshly Minted Roll-on. The peppermint-scented roll-on is designed to provide a soothing, aromatic experience for cannabis consumers and patients through local application on the hairline, neck, forehead and shoulders.
“Noon & Night and our first to market Freshly Minted Roll-on are perfectly positioned to capitalize on the clear and growing demand for CBD-dominant wellness products in formats that are familiar to both cannabis aficionados and beginners,” said Aleafia Health CEO Geoffrey Benic. “The early market leadership of our wellness portfolio speaks to our team’s growing reputation for innovative product development. Our broader product portfolio strategy is paying dividends, with our strongest quarter in adult-use sales already achieved.”
On June 10, 2021, Mr. Benic made an additional purchase of the Company’s common shares on the public market, for a total balance of 357,000 common shares, all acquired using personal funds.
“We continue to execute upon our stated goal of bringing high-margin cannabis products to market, and delivering value to shareholders, patients and consumers.”
Designed and produced at Aleafia Health’s product innovation centre in Paris, Ont., the roll-on discretely fits in your palm and contains a curated blend of essential oils including peppermint, lavender, vetiver and eucalyptus, along with 200 mg of CBD.
Freshly Minted Roll-on continues the expansion of the Company’s highly differentiated Noon & Night brand, which already features the first of its kind Omega CBD Soft Gels and Lavender Fizz Bath Bombs. The category leading bath bombs have ranked first in both sales and units sold in the Bath & Shower category since May 1, according to data from the Ontario Cannabis Store.
For Investor & Media Relations:
Nicholas Bergamini, VP Investor Relations
1-833-879-2533
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 with sales and operations in Australia and Germany. 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.
Not necessarily hyped PRs but lots of news to enable them to sell some is my swag.
I don't have anything against a company having an open s-3, I've said that before. I hope they were forward thinking but the volume today and yesterday ( or lack of it ) supports my first thoughts.
It could be either and like the Zen master says, we'll see.
Do you mean because you're thinking that they are going to announce they are doing something with the money they'll raise, or do you think they will try to pump up the PPS with a hyped PR to start selling shares?
Right now I just expect downward pressure while they try to sell about 100,000,000 shares.
$oldier Hard Member Level Thursday, 06/10/21 09:57:53 AM
Re: FUNMAN post# 3124
Post # 3125 of 3127
So wonder if we'll be seeing lots of news after yesterdays news.
Cannabis study in Israel
Higher cannabis consumption led to less opioids used and a better quality of life for chronic pain sufferers in the study. This bodes well for Aleafia! And the Ford employees that can now get it as their medicine
https://www.frontiersin.org/articles/10.3389/fphar.2021.613805/full
You're most welcome happy.
So wonder if we'll be seeing lots of news after yesterdays news.
Aleafia Health’s Everyday Cannabis Brand Divvy Launches Large Format Dried Flower Portfolio
https://aleafiahealth.com/news-releases/aleafia-healths-everyday-cannabis-brand-divvy-launches-large-format-dried-flower-portfolio/
TORONTO, June 10, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), today announced the continued expansion of its dried flower portfolio with the launch of four new large format offerings under its everyday cannabis brand Divvy. The new products strengthen the existing Divvy portfolio following a successful launch in Ontario’s adult-use market. The new large format offerings include 14 gram pouches and 10 gram pre-milled flower for added consumer convenience.
The Divvy brand targets the important dried flower and pre-roll market, which represented 70 per cent of total legal cannabis sales during the three months ended December 31, 2020, according to data from the Ontario Cannabis Store.
The 14-gram pouches feature Divvy’s signature THC strain Sour Kush, and the newly launched sativa-leaning cultivar Flo. Flo’s high-potency and unique terpene profile makes it a highly sought after cultivar not yet available in the legal Canadian cannabis market. It is the first new strain brought to market as part of the Company’s extensive new genetic research and development program. The 10-gram pre-milled offering includes two initial SKUs featuring either select indica or sativa-dominant cultivars.
“The Divvy brand is making waves in the all-important dried flower and pre-roll categories by offering outstanding product quality and accessible pricing for cannabis consumers. Backed by outstanding feedback from customers and strong early sales, we are delighted to secure provincial listings for our large format offerings,” said Aleafia Health CEO Geoffrey Benic.
Divvy, part of the Sunday Market brand family, features five distinct brands with differentiated products tailored to specific consumer segments. Divvy leverages Aleafia Health’s core competitive advantage of low-cost cultivation both at its Niagara Greenhouse facility and Port Perry outdoor cultivation facility. The new SKUs will be first available in Alberta, with expected roll-out to additional provinces.
For Investor & Media Relations:
Nicholas Bergamini, VP Investor Relations
1-833-879-2533
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 with sales and operations in Australia and Germany. 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.
This level of exchange is easily played by big money, I wonder if they are pushing down the price for a cheap long entry? The deal with the Unions is huge in my way of thinking.
Hmmmm thank you very much!
End of May report, 1,535,900 which was up 17% from mid May report.
Personally no.
Anyone have the short interest on this stock?
So do you see this as a good move here?
Agreed, it was and eventually led to a buyout for us.
By comparison, I always thought "the other company's" equity raising for more inventory-to-age was good dilution.
$oldier Hard Member Level Wednesday, 06/09/21 09:54:13 AM
Re: FUNMAN post# 3114
Post # 3115 of 3115
First time I heard it called that.
First time I heard it called that.
Aleafia Health Establishes At-the-Market Equity Program
Aleafia Health Inc.
Wed, June 9, 2021, 7:42 AM·4 min read
There is good dilution and bad dilution. This is bad dilution being used to keep the lights on.
https://finance.yahoo.com/news/aleafia-health-establishes-market-equity-114200956.html
They are supplying cannabis as medicine to the biggest Union in Canada. Ford Canada employees and their families now get Emblem as part of their benefits. You go ahead and sell. I will buy them!
Very good info here!
The link for the Benzinga Cannabis conference.
I agree, the content of the PR was "wanting more".
To me it is evident that if the customer was someone to brag about, they would be bragging, and letting us know the size and dollars of the order.
It happened, so they told us hoping people would be excited.
Without real data though, who can be excited vs frustrated by the unanswered questions.
kettleman Thursday, 06/03/21 01:49:45 PM
Re: FUNMAN post# 3109
Post # 3110 of 3110
The Deal with Germany and Acnos Pharma in Germany seems to be thrown to the Wind, the Deal was a 60% Emblem/Aleaf, 40% Acnos. This deal does not sound like That... Acnos has 20,000 Pharmacy's ???? After the Dump of 40 million shares they just did, I Trimmed my holdings and not sure why I'm Holding what I Have... Can Anyone tell Me Why the CEO says he has the second Mover advantage???? I do Not see any advantage, today's News is OKAY, But way too uninformed.. is this the start of Acnos??? Good Day...
Ndakota
The Deal with Germany and Acnos Pharma in Germany seems to be thrown to the Wind, the Deal was a 60% Emblem/Aleaf, 40% Acnos. This deal does not sound like That... Acnos has 20,000 Pharmacy's ???? After the Dump of 40 million shares they just did, I Trimmed my holdings and not sure why I'm Holding what I Have... Can Anyone tell Me Why the CEO says he has the second Mover advantage???? I do Not see any advantage, today's News is OKAY, But way too uninformed.. is this the start of Acnos??? Good Day...
Ndakota
The more they self-promote the better, but consistent revenues going up and to the right on the chart is what we all really need.
They let us down when it appeared they we're just talking about a "one-quarter-wonder". I really thought they were talking about a new revenue baseline.
Maybe if they could get the exclusive license to distribute an edible product like INDIVA did, they could be selling more added value lines. I know they did it with KinSlips but they aren't crushing-it.
Right now I'm hoping Reddit takes another run at Aleafia
$oldier Hard Thursday, 06/03/21 10:08:24 AM
Re: FUNMAN post# 3103
Post # 3108 of 3108
Nice for $ALEAF to be recognized and invited. Plus major news this morning!
Nice for $ALEAF to be recognized and invited. Plus major news this morning!
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