Aleafia Health Inc ALEAF

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across Canada. The Company operates two licensed cannabis production facilities and operates a strategically located distribution center all in the province of Ontario, including the largest, outdoor cannabis cultivation facility in Canada. The Company produces a diverse portfolio of cannabis and cannabis derivative products including dried flower, pre-roll, milled, vapes, oils, capsules, edibles, sublingual strips and topicals. It markets and sells cannabis products through regulated intermediaries into selected international markets, tactically sells cannabis products into Canadian wholesale markets.

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Aleafia Health Inc > Sitting on $57 Million in cash !! Im a buyer here :)

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Post by 1hot-techwomanon Aug 13, 2020 8:01am

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Post# 31402019

Sitting on $57 Million in cash !! Im a buyer here :)

Aleafia Health Announces Second Quarter 2020 Results Wednesday, August 12, 2020, 7:00 AM ET Aleafia Health Announces Second Quarter 2020 Results -- $57.0M cash, cash equivalents and freely tradeable marketable securities -- $3.0 million positive adjusted EBITDA -- 44% increase in medical cannabis net revenue Q/Q

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