ALEAF - Aleafia Stock May Be Trading in the Red but Q2 Report is Still Impressive

Stock markets are a tricky place. Even when companies announce partnerships or better-than-expected financial reports, stocks can still trade in the red. Aleafia Health (TSX:ALEF) (OTCQX:ALEAF) is experiencing the latter, after having released a positive quarterly report on Wednesday, only for Aleafia stock to trade down nearly 3% Thursday.

Here’s what we know.

Toronto-based Aleafia Health published its Q2 financial report yesterday, August 14, highlighting a significant revenue increase as well as cost reductions and a growing base of cannabis patients. Management was so thrilled by the ...