Tag: Aleafia health

Avatar photoStaffOctober 12, 2023
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BusinessDaily Hit

The Daily Hit: October 12, 2023

4min00
The Daily Hit is a recap of the top financial news stories for Oct. 12, 2023. On the Site Alabama Judge Dismisses Verano Lawsuit Against Marijuana Regulators An Alabama state judge has thrown out a lawsuit filed by Chicago-based Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF), in which the multistate operator tried to claim that […]
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Avatar photoStaffAugust 23, 2023
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BusinessDaily Hit

The Daily Hit: August 23, 2023

3min00
The Daily Hit is a recap of the top financial news stories for Aug. 23, 2023. On the Site New York Regulators Name 30 Dispensaries Eligible to Open Under Court Order Only 30 conditional adult use retail dispensary licensees in New York would be eligible to open in coming weeks under conditions outlined in a […]
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Avatar photoStaffJuly 25, 2023
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BusinessDaily Hit

The Daily Hit: July 25, 2023

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The Daily Hit is a recap of the top financial news stories for July 25, 2023. On the Site Maryland Hemp Companies Sue State Over Adult-Use Marijuana Rules A group of hemp companies in Maryland have filed suit against the governor and several state officials, claiming that the regulatory plan lawmakers authorized for the recreational […]
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Avatar photoStaffJune 14, 2023
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BusinessDaily Hit

Daily Hit: June 14, 2023

4min00
The Daily Hit is a recap of the top financial news stories for June 14, 2023. On the Site Hexo Shareholders Greenlight Tilray Deal, Company Warns of Possible Default Canadian licensed cannabis producer Hexo Corp. (TSX: HEXO) (Nasdaq: HEXO) is set to be acquired by Tilray Brands, following a formal sign-off on Wednesday by Hexo […]
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Avatar photoStaffJune 7, 2023
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BusinessDaily Hit

Daily Hit: June 7, 2023

5min00
The Daily Hit is a recap of the top financial news stories for June 7, 2023. On the Site Red White & Bloom to Buy Financially Troubled Aleafia Red White & Bloom Brands Inc. (CSE: RWB)(OTC: RWBYF) is buying Aleafia Health Inc. (TSX: AH)(OTCQB: ALEAF) in a deal that gives RWB 76% of the combined […]
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Avatar photoStaffFebruary 13, 2023
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BusinessDaily Hit

Daily Hit: February 13, 2023

4min00
The Daily Hit is a recap of the top financial news stories for February 13, 2023. On the Site SNDL Lays Off Alberta Grow Employees, Focuses on Premium, Alcohol Brands SNDL Inc. (Nasdaq: SNDL) will wind down its Alberta operations and lay off 85 facility employees, the company announced on Monday. The Canadian grow giant […]
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Avatar photoDebra BorchardtMarch 25, 2021
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Business

Aleafia Health Takes Huge Write Down On Emblem

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Aleafia Health Inc. (OTC: ALEAF) reported net revenue of $15.4 million in the fourth quarter versus $6 million for the same time period in 2019. The net loss though was a whopping $217.3 million versus last year’s net loss of $9.8 million. Aleafia wrote-down $176.0 million of goodwill associated with the acquisition of Emblem Corp., and […]
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