Press Releases

Aleafia Health Receives Health Canada Approval to Expand Processing, Sell New Product Formats at Paris Facility

Aleafia Health Receives Health Canada Approval to Expand Processing, Sell New Product Formats at Paris Facility

Health Canada licence amendment doubles licensed processing area  Company can also now produce and sell edibles, topicals and extracts Final site evidence package for Paris Phase II expansion has been submitted TORONTO, November 14, 2019 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) wholly owned subsidiary, Emblem Cannabis […]

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Aleafia Health Reports First Profitable Third Quarter

Aleafia Health Reports First Profitable Third Quarter

Ultra low-cost production at $0.08 cost per gram at outdoor facility Average net revenue per gram equivalent of $15.11 for medical cannabis sales Medical cannabis sales up 43% Q/Q, adult-use cannabis sales up 53% Q/Q Active, registered medical cannabis patients increase 48% Q/Q $57M in cash/marketable securities, $83M in working capital Total expenses decrease 30% […]

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Aleafia Health Outdoor Harvest Yields 10,300 kg of Dried Flower at $0.08 Cost per Gram

Aleafia Health Outdoor Harvest Yields 10,300 kg of Dried Flower at $0.08 Cost per Gram

Cannabinoid content per gram only slightly lower than identical strains grown indoors Critical quality control tests successful Approximately 1,000 kg yield per acre in Zone 1 Expanded 3.7M sq. ft. outdoor site expected to produce approximately 102,000 kg in 2020 at full capacity TORONTO, November 11, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, […]

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Aleafia Health to Announce 2019 Third Quarter Financial Results

Aleafia Health to Announce 2019 Third Quarter Financial Results

TORONTO — October 23, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF) (“Aleafia Health” or the “Company”) will announce its 2019 Third Quarter Financial Results on November 12, 2019 prior to market open. The Company will also host its Third Quarter Results Call the same day at 8:30 a.m. EST. The call will be […]

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Aleafia Health Announces Termination of Supply Agreement with Aphria Inc.

Aleafia Health Announces Termination of Supply Agreement with Aphria Inc.

TORONTO, October 8, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) announces that it has provided Aphria Inc. (TSX: APHA, NYSE: APHA) (“Aphria”) with a formal notice of the termination, effective October 7, 2019, of the wholesale cannabis supply agreement (the “Supply Agreement”) dated September 11, 2018 […]

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Aleafia Health Completes Construction, Secures Full Occupancy at Paris Processing Facility Expansion

Aleafia Health Completes Construction, Secures Full Occupancy at Paris Processing Facility Expansion

Features initial 115,000 kg of dried flower equivalent annual extraction capacity, with ability for further expansion on-site 2,775% increase over Company’s current annual extraction capacity of 4,000 kg Brant County granted full occupancy of expanded facility on October 4 Final stage of securing Licence Amendment underway, with site evidence package to be submitted to Health […]

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Aleafia Health Appoints New Lead Independent Director

Aleafia Health Appoints New Lead Independent Director

TORONTO, October 2, 2019 – The Board of Directors of Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has appointed Lea Ray as its new Lead Independent Director.  As previously announced on April 4, 2019, the role rotates among independent directors every six months, as determined by a majority […]

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Aleafia Health Provides Guidance for Profitable Third Quarter 2019

Aleafia Health Provides Guidance for Profitable Third Quarter 2019

Company maintains strong balance sheet with $51 million in cash on hand Construction of Paris Phase II Processing facility expected to be completed in October 2019 Active, registered patients increased to over 10,000, a 42% increase since July Products grown, extracted and exported by Aleafia Health now available to patients in Australia TORONTO, ON, September […]

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Aleafia Health Expands Outdoor Cannabis Facility by Additional 60 Acres with Property Acquisition

Aleafia Health Expands Outdoor Cannabis Facility by Additional 60 Acres with Property Acquisition

New property cost $1.2 million and is directly adjacent to current Port Perry Outdoor Grow facility Company subsidiary, Emblem, also closes sale of unused Brant, Ont. property for $8.2 million in net cash TORONTO, ON, September 4, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”)’s wholly owned […]

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Aleafia Health Reports Record Revenue in Q2 2019, 159% Q/Q Revenue Increase

Aleafia Health Reports Record Revenue in Q2 2019, 159% Q/Q Revenue Increase

Q/Q sale of cannabis revenues increase 377% Q/Q gross profit increases to $2.9M from -$0.1M in previous quarter Q/Q expenses decrease 41% Adjusted EBITDA improves to loss of $2.7 million Strong balance sheet with $58M cash on hand 8,861 registered patients at August 13, 2019, from 6,959 at June 30, 2019 Over 65,000 clinic patients […]

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Aleafia Health to Announce 2019 Second Quarter Financial Results

Aleafia Health to Announce 2019 Second Quarter Financial Results

TORONTO — August 7, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) will announce its 2019 Second Quarter Financial Results on August 14, 2019 at 7 a.m. EST. The Company will also host its Second Quarter Results Call the same day at 8:30 a.m. EST. The call […]

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Aleafia Health Completes Largest Cannabis Order to Date, Provides Facility Update

Aleafia Health Completes Largest Cannabis Order to Date, Provides Facility Update

Single Product Order Surpasses Aleafia Health’s Entire 2018 Revenue from Cannabis Sales Niagara Greenhouse Cultivation Licence Application now Officially Under Review by Health Canada 13,000 Cannabis Plants Growing at Port Perry Outdoor Facility Including in Newly Licensed Zone 2 TORONTO, ON, August 1, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia […]

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Aleafia Health Secures Health Canada Licence Amendment for Entire 1.1M sq. ft. Port Perry Outdoor Cultivation Facility

Aleafia Health Secures Health Canada Licence Amendment for Entire 1.1M sq. ft. Port Perry Outdoor Cultivation Facility

TORONTO, ON, July 15, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) is pleased to announce that on July 12, 2019, Aleafia Health’s wholly-owned subsidiary, Aleafia Farms Inc., secured a License Amendment (the “Licence”) under Health Canada’s Cannabis Regulations authorizing cannabis cultivation for the entirety of the […]

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Aleafia Health Added to NYSE-Listed The Cannabis ETF

Aleafia Health Added to NYSE-Listed The Cannabis ETF

TORONTO, ON, July 11, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has been added to The Cannabis ETF (NYSE: THCX) (“THCX”), which trades on the New York Stock Exchange. THCX seeks to track the Innovation Labs Cannabis Index which is a portfolio of 35 stocks expected […]

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Aleafia Health Secures Health Canada Permits to Export Cannabis Products to Australia

Aleafia Health Secures Health Canada Permits to Export Cannabis Products to Australia

Permits Allow Company to Begin its First International Cannabis Product Shipment Products to be Distributed by Australian-based Strategic Partner CannaPacific TORONTO, ON, July 2, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has received multiple Export Permits (the “Permits”) from Health Canada, which allow the Company to […]

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