Aleafia Health Inc (TSXV:ALEF) Secures Equity Stake in CannaPacific & Market Recognizing Value in Emblem Acquisition
By James West – Midas Letter
Aleafia Health Inc (TSXV: ALEF) (OTC: ALEAF) (FRA: ARAH) CEO Geoffrey Benic shares details of the company’s 2019 plans. Aleafia is nearing completion of Phase 1 of its greenhouse retrofit in Grimsby. Benic believes investors are beginning to see the potential of Aleafia’s merger with Emblem Corp (CVE:EMC) (OTCMKTS:EMMBF) (FRA:E0M) and both companies’ share prices reflect this enthusiasm. The company intends to capitalize on its extensive patient base and clinic network, while monetizing its data points as part of research studies. Benic indicates Aleafia will be a consolidator in the medical cannabis sector and notes the company’s recent deal for a 10 percent stake in Australian company CannaPacific Pty Limited. Australia is an emerging medical cannabis market and the move marks the beginning of Aleafia’s global expansion.