Press Releases

Aleafia Health Provides Corporate Update

Aleafia Health Provides Corporate Update

TORONTO, May 20, 2020 — Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce that the board of directors (the “Board”) has elected an Acting Chair and reconstituted its committees following the recent addition of Rhonda Lawson and Glenn Washer to the Board. The Board has elected Lea […]

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Aleafia Health Announces Date for Annual Shareholders’ Meeting

Aleafia Health Announces Date for Annual Shareholders’ Meeting

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) announced today that its upcoming annual and special meeting of shareholders (the “Meeting”) will be held on Tuesday, June 30, 2020 at 10:00 a.m. EDT. The record date for shareholders entitled to notice of and to […]

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Aleafia Health Announces $6.4M Positive Adjusted EBITDA, $14.6M net revenue in Q1 2020

Aleafia Health Announces $6.4M Positive Adjusted EBITDA, $14.6M net revenue in Q1 2020

$13.7M cannabis net revenue, 183% increase over previous quarter, and 2,486% increase over prior year’s quarter Positive cash flow from operations 85% gross margin on cannabis net revenue 3% increase SG&A expenses over previous quarter $35M in cash, cash equivalents and marketable securities Total liabilities decline by $7.9 million over Q4 2019 Fifth consecutive quarter […]

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Aleafia Health Secures Health Canada Licence Amendment for Port Perry 60 Acre Outdoor Cultivation Expansion

Aleafia Health Secures Health Canada Licence Amendment for Port Perry 60 Acre Outdoor Cultivation Expansion

TORONTO, May 12, 2020 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) wholly owned subsidiary Aleafia Farms Inc. has secured a Health Canada Licence Amendment for its Port Perry Facility’s outdoor cultivation expansion. The expansion adds an additional 60 acres of licenced outdoor cultivation area, bringing the total to 86 […]

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Aleafia Health Announces $13 Million Bought Deal Offering of Units

Aleafia Health Announces $13 Million Bought Deal Offering of Units

TORONTO – May 11, 2020 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF)  (“Aleafia” or the “Company”), is pleased to announce that it has entered into an agreement with Eight Capital lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (together, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase […]

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Aleafia Health Provides Corporate Update

Aleafia Health Provides Corporate Update

TORONTO, May 8, 2020 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) is announcing that director Bill Stewart has indicated his intention to resign from the Company’s Board effective May 15 along with outgoing directors Julian Fantino and Raf Souccar. As previously announced, two new independent directors, Rhonda Lawson and […]

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Aleafia Health Subsidiary Emblem Germany Submits EU-GMP Certification Application

Aleafia Health Subsidiary Emblem Germany Submits EU-GMP Certification Application

Successful application would allow for cannabis production and export to EU market Emblem Germany cannabis distribution to be completed later this month Experienced senior management team has led the buildout and operation of multiple EU-GMP certified facilities Cannabis production operations underway at Paris Facility expansion, three business days following granting of new licence TORONTO, May […]

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Aleafia Health Secures Health Canada Licence Amendment for Paris Production and Extraction Facility Phase II Expansion

Aleafia Health Secures Health Canada Licence Amendment for Paris Production and Extraction Facility Phase II Expansion

30,000 sq. ft. expansion entirely dedicated to the extraction, production, packaging and distribution of finished cannabis products Accelerates Cannabis 2.0 product strategy while exponentially increasing Company’s extraction, production and packaging capacity Facility purpose built to meet EU-GMP certification requirements TORONTO, May 4, 2020 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the […]

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Aleafia Health to Appoint Two New Directors

Aleafia Health to Appoint Two New Directors

TORONTO, May 1, 2020 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce that two new independent directors, Rhonda Lawson and Glenn Washer, will be appointed to the Board on May 16. The Company would also like to thank the outgoing directors, Julian Fantino (Chairman) and Raf […]

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Aleafia Health’s AssureHome Delivery Provides Fast, Direct-to-Door Medical Cannabis Supply

Aleafia Health’s AssureHome Delivery Provides Fast, Direct-to-Door Medical Cannabis Supply

TORONTO, April 22, 2020 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) AssureHome Delivery, Canada’s only fast, direct-to-door delivery service, has launched industry-leading next day distribution of medical cannabis products. Providing patients with fast and complementary service, the first Toronto deliveries were completed on April 21, 2020. Service highlights include: […]

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Aleafia Health Provides Update on Strategic Growth Initiatives

Aleafia Health Provides Update on Strategic Growth Initiatives

Successful transition to virtual clinic services with 3,300 remote patient consultations completed since March 16, 2020 Last-mile home delivery for medical cannabis products launching next week Port Perry outdoor cultivation site is plant ready for 2020 season Cannabis production started at newly licensed Niagara Facility Company preparing to commence operations at Paris Production Facility’s expansion […]

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Aleafia Health to Announce 2020 First Quarter Results

Aleafia Health to Announce 2020 First Quarter Results

TORONTO – April 14, 2020 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) will announce its 2020 first quarter results on May 13, 2020 prior to market open. The Company will also host its earnings conference call the same day at 8:30 a.m. EST. The call will be hosted by […]

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Aleafia Health Launches Last-Mile Medical Cannabis Home Delivery Service

Aleafia Health Launches Last-Mile Medical Cannabis Home Delivery Service

Service will provide next day direct-to-home delivery to medical cannabis patients Initial launch in Greater Golden Horseshoe Region, centred around Toronto, with a population of over 9 million  Mitigates risk of using postal service and third-party parcel delivery which may be disrupted during COVID-19 pandemic TORONTO, March 26, 2020 – Aleafia Health Inc. (TSX: ALEF, […]

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Aleafia Health Reports Fourth Quarter and Year-End Results

Aleafia Health Reports Fourth Quarter and Year-End Results

First quarterly positive adjusted EBITDA of $0.2M in Q4 2019 27% increase in Q4 2019 net cannabis revenue over the previous quarter 1,748% increase in FY 2019 net cannabis revenue over the previous year Gross margin on cannabis net revenue of 80% in Q4 2019 Q4 2019 SG&A expenses of $4.3 million, a decrease of […]

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Aleafia Health Secures Niagara Facility Cultivation Licence

Aleafia Health Secures Niagara Facility Cultivation Licence

TORONTO, March 16, 2020 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) wholly owned subsidiary, Aleafia Farms Inc., has secured a Health Canada Cultivation Licence (the “Licence”) for the Company’s Niagara Production Facility (the “Niagara Facility”), located in Grimsby, Ont. SEE MORE NIAGARA FACILITY PHOTOS “This is an important and […]

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