ALEAF - ALEF Stock Shoots Up: Aleafia Health Enters German Cannabis Market

Cannabis stocks are mostly in the red Monday, except for ALEF stock. Shares of Aleafia Health (TSX:ALEF) (OTCQX:ALEAF) moved higher this morning after the company said it’s entering the German cannabis market.

Here’s what we know.

On May 6, Aleafia Health announced it is entering the German medical cannabis market. It is doing so through its joint venture with Acnos Pharma GmbH, a German pharmaceutical wholesaler. Under the terms of the agreement, the joint venture entity will buy Aleafia Health’s branded cannabis oils for distribution and ...