InvestorsHub Logo
Followers 109
Posts 25824
Boards Moderated 0
Alias Born 08/03/2010

Re: mantrap post# 1053

Tuesday, 10/08/2019 11:13:52 AM

Tuesday, October 08, 2019 11:13:52 AM

Post# of 3371
Agree. I don't think this was a big surprise in coming. APHRIA is a big shareholder in Aleafia.

We know Aleafia is opening their new and expanded grow facilities and going to harvest an outdoor crop. They did too.

Aleafia is a bottom line oriented company. They are going to announce a profit in the coming Q (see 9-24 PR).

Because they can lower their cost of goods by producing product in house now, they needed an out.

Ironically, this probably works out better for both parties, even in the near term.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.