Aleafia Health Inc. (ALEAF)

[FUNMAN]

BTW contained in Aphria's last financial docs:

Althea Group Holdings Ltd. (“Althea”)
During the quarter, the Company reclassified the common shares held in Althea from equity investee to long-term (Note 13). The
Company owns 50,097,906 common shares of Althea at a cost of $8,292 AUD ($8,132 CAD) with a fair value of $41,581 AUD ($37,199
CAD) as at August 31, 2019.


Althea Group Holdings Ltd. (“Althea”)
As at August 31, 2019 the Company held 50,097,906 common shares of Althea (May 31, 2019 – 50,750,000) representing an ownership
interest of 21.5% (May 31, 2019 - 25%).
On July 25, 2019 Althea issued 30,000,000 common shares for gross proceeds of $30,000 AUD. During the three months ended August
31, 2019, the Company sold 652,094 common shares in Althea reducing the Company’s ownership interest in Althea to 21.5% (Note
28). The Company also relinquished its board representation and ability to participate in Althea’s policy making process. As a result of
these transactions, the Company ceased to account for this investment as an equity investee. In accordance with IAS 28, the Company
recognized a gain on the change from equity accounting to fair value through profit and loss of $24,255 and reclassified its ownership
interest to long-term investments (Note 14 and 27).