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Aleafia Health Closes New $19M Credit Facility, Improves Financial Flexibility
Wednesday, December 29, 2021 - 10:36am | 443Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) announced Wednesday that it is closing its credit facility of up to $19 million. The financing provides the Toronto-based company with liquidity to fund operations and organic growth initiatives. "This financing improves our liquidity and...
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Aleafia Health's Q3 Cannabis Revenue Grows 123% YoY, Reports Higher Net Loss, Negative Adjusted EBITDA
Thursday, November 11, 2021 - 10:38am | 462Vertically-integrated cannabis company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) reported its third-quarter earnings Thursday with net cannabis revenue of $9.49 million, representing an improvement of 123% from $4.25 million in the same period of the prior year. Q3 Financial Summary Net...
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Aleafia Health Closes $10M Credit Facility, Improves Financial Flexibility To Continue Sales Growth
Monday, August 23, 2021 - 9:47am | 388Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) has raised $10 million to pursue accretive growth opportunities. Based in Toronto, the company announced Monday the closing of a senior secured term, non-revolving credit facility, which carries a 12-month term, with an option for early repayment and...
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Aleafia Health Reveals 53% QoQ Spike In Q2 2021 Cannabis Net Revenue
Thursday, August 12, 2021 - 10:56am | 619Vertically integrated cannabis company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) reported its financial results for the three and six months ended June 30, 2021. Shares traded 0.87% lower at $0.0027 per share at the time of writing Thursday mid-morning. In its earnings report published Thursday...
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Aleafia Health Launches New CBD Freshly Minted Roll-on Under Noon & Night Brand Name
Monday, June 14, 2021 - 12:23pm | 346Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) announced the launch of a new product Monday under its Noon & Night brand. CBD Freshly Minted Roll-on is a peppermint-scented product developed to provide a “soothing, aromatic experience” for cannabis connoisseurs. The new product, ...
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Aleafia Health Cannabis Co To Raise Up To $30M Through ATM Program
Wednesday, June 9, 2021 - 12:10pm | 445Vertically integrated cannabis company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) is poised to raise up to $30 million through the newly established at-the-market equity program. The Toronto-based company is looking to sell its common shares to the public from time to time, at the prevailing...
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Aleafia Health Completes Export Of Medical Cannabis To Germany
Thursday, June 3, 2021 - 11:00am | 306Cannabis wellness company Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) has completed its first shipment of signature THC cultivar Sour Kush to Germany. The Toronto-based company has successfully exported its dried flower grown at its Niagara greenhouse facility to one of Europe’s major...
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Video: Benzinga Cannabis Insider 5/11 Ft. Aleafia CEO Geoffrey Benic Talking Earnings, Europe, And More
Tuesday, May 11, 2021 - 5:51pm | 355Benzinga’s Cannabis Insider is a live daily show for cannabis investors. On Tuesday’s show, hosts Elliot Lane and Javier Hasse spoked with Geoffrey Benic, CEO of Aleafia Health (OTC: ALEAF) who discussed the current status of the company, earnings and ...
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Aleafia Q1 Revenue Drops 51% YoY, Medical And Rec Cannabis Revenue Increases, Reflects Product Portfolio Expansion
Tuesday, May 11, 2021 - 11:46am | 361Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) revealed Tuesday its revenue had dropped by 51% year-over-year to $7.07 million in the first three months of 2021. Cannabis net revenue decreased over the same period by 55% to $6.24 million, whereas net medical cannabis revenue and net adult-use...
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Aleafia's Net Revenue Jumps 391% In 2019, Cannabis Company Posts $9.8M Q4 Net Loss
Wednesday, March 18, 2020 - 2:08pm | 345Aleafia Health Inc. (OTC: ALEAF) reported an uptick Wednesday in fiscal year 2019 and fourth-quarter revenue. The Canadian cannabis company said that its fourth-quarter net revenue $6 million represents a 22% quarter-over-quarter increase. For full fiscal 2019,...