Aleafia Health Inc (OTCMKTS:ALEAF) is pulling back but represents one of the most dramatic momentum plays in the cannabis space during the second half of 2018. Support comes into play in the $1.50 level and could represent a key point for new interest if the area holds on the chart. To make matters more interesting, the company recently announced that it has entered into a global agreement with D2L (Desire2Learn) Corporation, in which Aleafia Health will deploy D2L’s Learning Management System (LMS) Brightspace.
As noted in communications materials, Brightspace is a cloud-based learning platform employed by major organizations including Walmart, the American Nurses Association and the Elementary Teachers’ Federation of Ontario. Under the terms of the global agreement, D2L will produce a series of cannabis education courses on Aleafia Health’s behalf.
Aleafia Health Inc (OTCMKTS:ALEAF) promulgates itself as a vertically integrated cannabis company in Canada. The company provides medical consultation services to determine the suitability of medical cannabis in treating patients with chronic pain and other disabling illnesses through operating a medicinal cannabis clinic network under the Canabo Medical Clinic brand.
The next big cannabis story to hit North America is Phoenix Life Science International (PLSI), traded in the US, but with the largest global production based in the tropics and a license to distribute worldwide. Take a look at Phoenix Life Science International PLSI), Its currently trading under $18 dollars per share on the OTC markets. Learn More Now!
It is also involved in the growing, possession, and sale of cannabis products.
Aleafia frames itself as a leading, vertically integrated medical cannabis company with a unique focus on delivering quality patient care from “seed” to “sale.” Aleafia is uniquely positioned with a singular focus on the medical cannabis market. The company operates the largest brick and mortar medicinal cannabis clinic network in Canada under the Canabo Medical Clinic brand, which is staffed by licensed, practicing physicians. Aleafia has obtained over 50,000 unique patients and maintains the largest medical cannabis patient data set in Canada. Aleafia’s state of the art production facilities will allow for the production of high-quality strains at low cost. Aleafia’s production will focus on securing the highest-quality medicinal product for its growing patient base.
Aleafia owns and operates a healthcare clinic that provides medical cannabis therapy to achieve optimum recovery and minimize illness and injury’s cumulative effects.
The company provides medical cannabis therapy, pain management, physiotherapy, chiropractor, osteopathy, registered massage therapy, laser therapy, orthotics, and custom braces and compression socks. It provides consulting and support services for managing cannabis-sensitive cases.
The company assists rehabilitation professionals, case managers, social workers, life care planners, psychologists, family physicians, physiotherapists, litigators, and third-party insurance companies. Aleafia Inc. is based in Concord, Canada.
We started off by noting that ALEAF recently hit the wires with the announcement that it has entered into a global agreement with D2L (Desire2Learn) Corporation, in which Aleafia Health will deploy D2L’s Learning Management System (LMS) Brightspace.
Even in light of this news, ALEAF has had a rough past week of trading action, with shares sinking something like -10% in that time. That said, chart support is nearby and we may be in the process of constructing a nice setup for some movement back the other way.
“D2L’s undisputed position as a global leader in online learning, with operations in the U.S., Canada, Europe, Singapore, Brazil, and Australia makes them the right strategic partner as we grow and scale our cannabis health and wellness business in North America and beyond,” said Aleafia CEO Geoffrey Benic. “Aleafia Health is excited to deploy our unique cannabis expertise.”
Aleafia Health Inc (OTCMKTS:ALEAF) managed to rope in revenues totaling $124K in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of -85.5%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($30.3M against $2.2M).
Pushing the barriers for global distribution, Phoenix Life Science International (PLSI) is the next cannabis play. Just think Canopy x 100, that is how big their plantation in the tropics will be. No lights, no green houses, just maximum growth + minimal cost = home run. Learn More Now!
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