MedReleaf Shares Financial Report for Q1 2017

Cannabis Investing News

MedReleaf released its financial report for the first quarter of 2017.

MedReleaf (TSX:LEAF) released its financial report for the first quarter of 2017.
As quoted in the press release:

“Over the past two quarters, we have maintained our revenue run rate through the addition of new patient volumes and by growing cannabis-oil extract sales, which have successfully mitigated the anticipated impact of the Veterans Affairs Policy (“VAC”) change,” said Neil Closner, CEO of MedReleaf. “With our product mix from extracts increasing, the recent completion of our first harvest at our Bradford facility and our first successful international transaction in Brazil, we are well positioned for sustainable growth over the long-term.”

Click here to read the full press release.

Source: www.newswire.ca

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