Adam JacksonOctober 12, 2023
The deal is expected to be completed by the end of next month.
Tag: Aleafia
Adam JacksonOctober 12, 2023Adam JacksonAugust 29, 2023
The company lowered its expenses during the period.
Debra BorchardtJune 7, 2023
Aleafia had been struggling to obtain alternative financing.
Debra BorchardtNovember 9, 2022
Company achieves profitability.
StaffAugust 12, 2021
Aleafia Health Inc. (OTCQX: ALEAF) delivered its financial results for the quarter ending June 30th, 2021 with revenue of $10.6 million. The net loss for the quarter was $36,000 versus a net loss of $4.0 million over the prior year’s quarter. Aleafia said the improvement in net loss over the prior year’s quarter was primarily […]
Debra BorchardtJune 25, 2020
Aleafia Health Inc. (OTC: ALEAF) and its subsidiary Emblem Cannabis Corporation and Aphria Inc. (NASDAQ:APHA)have said that the parties entered into a settlement agreement on June 25, 2020, to resolve their outstanding dispute in respect of the termination of the parties’ wholesale cannabis supply agreement. Under the terms of the Settlement Agreement Emblem will get […]
StaffOctober 8, 2019
It’s time for your Daily Hit of cannabis financial news for October 8, 2019. On The Site MedMen MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) and PharmaCann, LLC made a big deal back in December of 2018 that MedMen would buy PharmaCann in an all-stock transaction. That deal, once valued at $684 million, is now off. MedMen […]
Debra BorchardtOctober 8, 2019Aleafia Health Inc. (TSX: ALEF)(OTC: ALEAF) has terminated its deal to buy cannabis from Aphria Inc. (TSX: APHA)(NYSE: APHA) saying Aphria failed to meet its supply obligations. The deal that was agreed to on September 11, 2018 said that Aphria would provide up to 175,000 kg equivalents of cannabis products over an initial five-year term, […]
StaffApril 29, 2019
Aleafia Health Inc. (TSX: ALEF) (OTC: ALEAF) reported that its 2018 total revenue was $3.3 million versus zero in 2017. The pro-forma combined Aleafia Health and Emblem revenues in 2018 were $11.3 million an increase of 327% over a combined Aleafia Health and Emblem 2017 revenues of $2.7 million. Still, the company delivered a net […]
Debra BorchardtDecember 19, 2018Aleafia Health Inc. (TSXV: ALEF) is acquiring Emblem Corp. (TSXV: EMC, OTCQX: EMMBF) are in an all-stock deal valued at approximately $173.2 Million. The combination will create Canada’s largest medical cannabis clinic network with 40 clinics and education centers. Aleafia’s stock slid slightly by 1% to $1.05, while Emblem’s stock jumped over 13% to lately trade at 81 […]
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