Aleafia Health Inc (fka ALEAF)

[harrbom]

From the motley fool January 23, 2019

Aleafia Health: Consensus target price 299% higher
There's bullish, and then there's "holy cow bullish." The latter probably describes Wall Street's prospects for Canadian integrated cannabis company Aleafia Health (NASDAQOTH:ALEAF) best. Although it's just a single price target, Aleafia Health is expected to nearly quadruple in value.
Rather than simply crank out as much cannabis as possible and find loyal buyers of the product later, Aleafia's business model entails operating medical cannabis clinics under the Cabano brand name and creating loyal customers via its clinics.
Aleafia is also in the process of buying Emblem, another company with medical cannabis clinics and its own grow farms, for approximately $132 million. Assuming the deal gets the nod in all respects, it would create a company with nearly 60,000 patients and 40 medical clinics throughout Canada. More importantly, it would have a combined peak yield of 138,000 kilograms each year. That easily places it among the projected top 10 producers. While Wall Street's lone price target is probably a bit too bullish, upside is certainly possible for this overlooked pot stock.