Replies to post #3058 on Aleafia Health Inc. (ALEAF)

[FUNMAN]

Disaster--->>>Aleafia Health reports Q1 results

Golfing today so I will miss the chance to buy in the 20's. - FUNMAN

May 11, 2021 7:38 AM ETAleafia Health Inc. (ALEAF)

By: Meghavi Singh, SA News Editor

Aleafia Health (OTCQX:ALEAF):

Q1 net loss of C$11.25M

Revenue of C$7.07M (-51.6% Y/Y)


Aleafia Health Reports 2021 First Quarter Results

May 11, 2021 7:30 AM ETGlobe Newswire - Canada
Aleafia Health Inc. (ALEAF)

See the numbers here:

https://seekingalpha.com/pr/18311215-aleafia-health-reports-2021-first-quarter-results

TORONTO, May 11, 2021 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (ALEAF) (“Aleafia Health” or the “Company”) is pleased to report its financial results for the three months ended March 31, 2021 (“Q1 2021”).

“This quarter saw us achieve important executional breakthroughs as we realized the exponential increase of our cannabis product portfolio. Likewise, as we benefit from greater scale, we are demonstrating substantial improvements in the profitability of our core adult-use and medical cannabis product sales, contrasting with the broader industry trend of price and margin compression,” said Aleafia Health CEO Geoffrey Benic.

“To further leverage product portfolio expansion, we have only just begun the deployment of our highly differentiated medical cannabis ecosystem through the trailblazing exclusive agreement with Unifor, Canada’s largest private sector union. The ability to service a captive audience of union members who receive insurance coverage for medical cannabis is an important catalyst. We believe that this sets the table for a strong 2021, driven by repeatable, profitable sales in the medical, adult-use and international markets.”


Condensed Income (Loss) Statement