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Aleafia Posts 1st Profitable Quarter

Stockhouse Editorial
0 Comments| November 12, 2019

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Aleafia Health Inc. (TSX: ALEF, OTCQB: ALEAF, Forum) reported its Q3 2019 financial results on Tuesday, hailing this as its first profitable quarter. The Company saw a 34% increase from Q2, earning $5,290 in revenue compared to $3,951 the previous quarter. Gross cannabis revenue also grew 64% at $4,157, up from Q2’s $2,532.

More on this news can be found here.

Earlier this week, the cannabis health and wellness Company produced its inaugural harvest at its Port Perry Outdoor Grow operation, yielding approximately 610,300 kg of dried flower.


FULL DISCLOSURE: Aleafia Health Inc. is a client of Stockhouse Publishing.



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