Aleafia Health is a fairly unique company in that space. It already has ties to Australia through CannaPacific – an Aussie grower.
They embraced outdoor growing as soon as it was regulated in late 2018, unlike almost all other licensed producers in Canada (of which there are currently ~200 total). It got the grow licensed late and was able grow cannabis for ~4.5 months in 2019 in Canada’s ~5.5 month growing season at $0.10/gram. Other licensed producers are growing it for anywhere from $1.00-$3.00/gram using greenhouses (Aleafia has a greenhouse as well, but has expanded it’s outdoor grow space from 10.5 hectares to 35 hectares, and will be ready for the full season in 2020).
It yielded ~1,000kg of dried cannabis per acre in 2019 and has estimated ~1,200kg/acre for next year – coming in at an estimate of ~100,000kg for a proposed cost of $10,000,000.
Aleafia is a really interesting company with financials that show it turning the corner. In terms of taking a flyer on a pot company, this is one of the least risky ones that exists on the Canadian market.
Take a look!