Aleafia Health Inc (CVE:ALEF) Reports 36 Percent Sequential Growth


Aleafia Health Inc (CVE:ALEF) (OTCMKTS:ALEAF) (FRA:ARAH) CEO Geoff Benic shares details from the company’s latest financial statement. Aleafia’s patient base grew during the last quarter and the company experience 36 percent sequential growth. The company achieved another milestone last quarter when it received its sales license and made its first cannabis sales. Aleafia received approval to begin going outdoors in 2019 at its 30 acre facility in Port Perry, Ontario. Benic estimates the facility will produce 30,000 kilos of high-quality, low-cost cannabis. The company’s joint venture with the Serruya Family gives Aleafia access to 5 of the top 10 cannabis brands, which it will produce and distribute in Canada. Aleafia is planning to uplist on the NASDAQ; such a move will give the company the liquidity necessary for growth.

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