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FUNMAN

06/15/21 3:05 PM

#3142 RE: happyglass #3141

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.