Aleafia Health Inc (TSXV:ALEF) Expansion on Track
By James West – Midas Letter
Aleafia Health Inc (TSXV:ALEF) (OTCMKTS:ALEAF) (FRA:ARAH) CEO Geoffrey Benic shares details about the company’s 22 cannabis medical clinics, which serve 50,000 patients. Aleafia also trains doctors to prescribe cannabis. The company undertook a financing round in May at $1.25, raising $28 million, and currently has $20 million left after the acquisition of its Grimsby facility. The company’s expansion plans are on track as it retrofits the Grimsby facility and complement Aleafia’s existing infrastructure in Scugog, Ontario. Aleafia is currently generating revenue from its clinics and has no debt, making the company an attractive investment opportunity.