Medreleaf

MedReleaf receives license amendment from Health Canada to commence sales at its Bradford Facility https://www.tmxmoney.com/en/news/company_releases/index.html?rkey=20171106C7678&filter=8242 Vorbörslich soeben rausgekommen!!

Zitat:"MARKHAM, ON, June 16, 2017 /CNW/ - MedReleaf Corp. (TSX: LEAF), Canada's first and only ISO 9001 certified cannabis producer, today announced that it will hold a conference call to discuss its fourth quarter and fiscal year 2017 results on Wednesday, June 28, 2017 at 8:00 a.m. (ET). The call will be hosted by Neil Closner, Chief Executive Officer, and Igor Gimelshtein, Chief Financial Officer, followed by a question and answer period. MedReleaf will report its financial results in the morning prior to the call." ENDE Zitat https://investors.medreleaf.com/press-releases/press-release-details/2017/MedReleaf-Corp-to-Host-Fourth-Quarter-and-Fiscal-Year-2017-Conference-Call/default.aspx

Zitat:" Initiating coverage: MedReleaf Corp. BUY- LEAF-TSX, June 14, 2017 Target: C$14.00 MedReleaf produces and sells medical cannabis in Canada. The company was one of the early applicants with Health Canada, providing it with a first mover advantage. MedReleaf’s profitability is impressive with trailing twelve months EBITDA levels that exceed all of the other public peers combined. The company’s products are well perceived by users enabling MedReleaf to charge a premium price. This, combined with the lowest production costs in the industry, explains the company’s high profitability......Proceeds from the IPO will be used to fund expansion at the Bradford facility......which is expected to quadruple MedReleaf’s capacity to 35,000kg annually.This is expected to support the company’s entrance in the recreational market which, at $5b, is expected to be 10x larger than the medical market. We are initiating coverage of LEAF with a BUY....." ENDE Zitat Full Article/Source:http://www.stockhouse.com/companies/bullboard?symbol=t.leaf&postid=26378981