Aleafia Health Inc. (OTCQX: ALEAF) (TSX:AH) revenue for the 12 months period ending March 31, 2022 was $46.3 million compared to $30.08 million in the12 month period ending March 31, 2021. The fiscal year was changed to end on March 31.
Aleafia Health Inc. (TSX:AH) (OTCQX: ALEAF) reaffirmed its guidance with an announcement that it expects to achieve between $53 million and $63 million in net revenue in the current fiscal year.
Aleafia 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.
Vertically-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.