Debra BorchardtJune 14, 2023
The company has seen success with its Divvy products.
Tag: Aleafia Health Inc.
Debra BorchardtJune 14, 2023Debra BorchardtJune 7, 2023Aleafia had been struggling to obtain alternative financing.
Adam JacksonFebruary 13, 2023
Revenue climbed 24% during the quarter compared to last year.
Debra BorchardtNovember 9, 2022
Company achieves profitability.
Adam JacksonAugust 11, 2022
Aleafia Health Inc. (OTCQX: ALEAF) delivered positive results on Thursday as it continues to cut costs and find more profit in the Canadian legal market and overseas. The Canadian cannabis company reported its financial results for the three months ending June 30, 2021. Aleafia Health releases its financial report card on a 15-month fiscal year […]
Debra BorchardtJune 28, 2022
Aleafia Health Inc. (OTCQX: ALEAF) reported its financial results for the quarter ended March 31, 2022, with total revenue of $10.7 million versus last year’s $7.5 million for the same time period. The net loss was trimmed to $4.1 million from last year’s $11.2 million for the same time period. Aleafia also reaffirmed guidance of […]
StaffMay 24, 2022
The Daily Hit is a recap of the top cannabis business stories for May 24, 2022. ON THE SITE Live Blog from WEF 2022 in Davos Switzerland Green Market Report editor-in-chief Debra Borchardt blogs live from the Medical Psychedelics Series, at the World Economic Forum being held in Davos Switzerland. Read more here. MedMen Wins […]
Debra BorchardtApril 5, 2022
Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) is going to be laying off employees as the company looks to save money and stick to its revenue goals. Aleafia said it can save $4.4 million by cutting more heads and becoming more efficient. The company said by implementing these efforts in this quarter, it can reach […]
StaffNovember 11, 2021
Aleafia Health Inc. (OTCQX: ALEAF) reported its financial results for the three ending September 30, 2021 as revenue increased 123% to $9.4 million. Still, Aleafia reported an eye-popping net loss of $82.9 million versus last year’s net loss of $19.8 million. The company attributed the increase in net loss over the prior year’s quarter to […]
StaffMay 11, 2021Aleafia Health Inc. (OTCQX: ALEAF) reported its financial results for the three months ended March 31, 2021. Revenue fell 55% from last year’s $13.7 million to this year’s $6.2 million. most of the decline was due to an 84% drop in bulk wholesale cannabis sales. Aleafia also reported that its net losses increased from last […]
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