Press Releases

February 15th, 2022

Transforming business towards a branded cannabis provider, with branded revenue representing 80% of total net revenue in 2021 compared to 33% in 2020  96% increase in branded cannabis net revenue to $28.7 million in 2021 from $14.6 million in 2020   396% increase in adult-use net revenue to $16.0 million in 2021 from $3.2 million in […]

February 8th, 2022

TORONTO – February 8, 2022 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) will announce results from its three and 12-month periods ending December 31, 2021 on February 14, 2022. The Company will also host its earnings conference call on February 15 at 9:30 a.m. EST. The call will be […]

February 7th, 2022

TORONTO –February 7, 2022  – The Board of Directors of Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) today announced that CEO Geoffrey Benic will leave the Company, effective February 7, 2022.  To succeed Benic, the Board named Tricia Symmes, previously the Company’s Chief Commercial Officer (CCO), as the Company’s new […]

February 1st, 2022

Entered into Forbearance Agreement with Holders representing 58% of total Debentures Negotiating a potential transaction to amend the Convertible Debt terms for all debenture holders   TORONTO –  February 1, 2022 – Aleafia Health Inc. (TSX: AH, AH.DB, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is providing a corporate update regarding its outstanding listed unsecured […]

January 4th, 2022

TORONTO –  January 4, 2022 – Aleafia Health Inc. (TSX: AH, AH.DB, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is providing a corporate update regarding its outstanding listed unsecured convertible debentures (TSX: AH.DB), issued on June 27, 2019 and maturing on June 27, 2022 (the “Convertible Debt”). The Company has initiated negotiations with debenture holders […]

December 29th, 2021

Credit Facility provides the Company with liquidity to fund operations and organic growth initiatives Two-year term provides additional financial flexibility TORONTO – December 29, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce the closing of a credit facility of up to $19 million (the “Credit […]

November 11th, 2021

$9.6 million net revenue with an improved sales mix focused on the high-growth adult-use and recurring medical cannabis sales channels 2,044% y/y increase in adult-use cannabis net revenue 31% y/y increase in medical cannabis net revenue Top 10 in national market share in pre-rolls achieved subsequent to the reporting period1 Top 10 in national adult-use […]

November 8th, 2021

TORONTO – November 3, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) will announce its 2021 third quarter results on November 11, 2021 prior to market open. The Company will also host its earnings conference call the same day at 9:30 a.m. ET. The call will be hosted by […]

October 6th, 2021

TORONTO, October 5, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) hosted a second annual adult-use retailer harvest party at its outdoor cultivation facility, with over 300 cannabis store owners, managers, budtenders and industry leaders attending. The two-day conference included retailer tours at the 86 acre outdoor site in […]

September 1st, 2021

TORONTO – September 1, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce the appointment of David Pasieka to its board of directors. Mr. Pasieka is a seasoned public company executive and director with extensive board level experience in finance & audit, risk management, and ESG. […]

August 23rd, 2021

Credit Facility provides financial capacity to pursue accretive growth opportunities New debt lender increases financial flexibility with new source of capital Improves liquidity by growing cash and marketable securities balance to $25 million TORONTO, August 23, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a leader in cannabis wellness […]

August 12th, 2021

Adult-use cannabis net revenue increased 87% compared to the prior quarter Medical cannabis net revenue increased 23% compared to the prior quarter 13 additional product SKUs released across multiple product formats For the first time, medical cannabis product was made available for sale in Germany Commenced onboarding of medical cannabis patients through exclusive partnership with […]

August 4th, 2021

TORONTO – August 4, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) will announce its 2021 second quarter results on August 12, 2021 prior to market open. The Company will also host its earnings conference call the same day at 9:30 a.m. ET. The call will be hosted by […]

July 29th, 2021

TORONTO, July 29, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) a global leader in cannabis wellness products and services, is pleased to announce the appointment of Mark J. Sandler as Chairman of its Board of Directors (the “Board”). He is the longest serving member of the Company’s board, […]

July 19th, 2021

Nith & Grand tailored to cannabis aficionados with discerning taste, and will feature craft flower and premium concentrates Initial launch features TF Pink Kush Live Resin vape cartridges Strengthened product portfolio contributing to meaningful quarterly sales growth across all sales channels TORONTO, July 19, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” […]