ACB - Aleafia: Expecting Total Capacity Of 60000 Kg. But Overvalued
Expecting approximately 15,000 kg. of cannabis in 2019 and targeting a total capacity of 60,000 kg, Aleafia Health Inc. (ALEAF) should soon become a serious competitor in the cannabis industry. Having mentioned this beneficial feature, Aleafia Health Inc. does not seem to represent a real opportunity for investors. It is trading at 32x forward revenues, which seems a bit expensive as compared to other peers. The market seems to have already priced the company's future developments.
Business
Incorporated in British Columbia on February 2, 2007, since 2016, Aleafia Health Inc. has been focusing on providing