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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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: […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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, […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia Health to Announce 2019 Fourth Quarter and Year End Results
TORONTO – February 25, 2020 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) will announce its 2019 fourth quarter and fiscal year results on March 18, 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 […]
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