Aleafia Health

Red White & Bloom Brands Inc (CSE:RWB, OTCQX:RWBYF) finalized the $31.7 million acquisition of Canadian cannabis brand Aleafia Health Inc. (OTCQX:ALEAF), it said Monday. The deal for Aleafia and its subsidiaries opens new avenues for RWB, the company said in a statement. » Mehr auf proactiveinvestors.com

Are marijuana stocks a good investment in July? The birth of the cannabis sector has given rise to a new generation of trailblazing businesses leading the way in innovation, research, and development. These top cannabis companies in the United States have emerged as essential players in a rapidly expanding market. In general, these organizations have set new success criteria, tempting investors eager to ride the green growth wave with vertically integrated operations, cutting-edge technology, and branding skills. » Mehr auf marijuanastocks.com

There were some highs and lows in the cannabis space this week, depending on what's in your portfolio. On Wednesday, news broke that US multistate operator Red White & Bloom Brands and distressed operator Aleafia Health plan to merge, which would result in a combined company expected to generate C$138 million in trailing distribution and retail revenue from the cannabis markets in Canada, the United States, and Europe. » Mehr auf proactiveinvestors.com