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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia 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 […]
Read Press ReleaseAleafia Health Announces Closing of $40.25 Million Public Offering, Including Full Exercise of the Over-Allotment Option
TORONTO, Ontario, June 27, 2019 – (TSX: ALEF) (OTC: ALEAF) (FRA:ARAH) Aleafia Health Inc. (“Aleafia Health” or the “Company”) is pleased to announce that it has closed its previously announced public offering of convertible debenture units (the “Convertible Debenture Units”) of the Company at a price of $1,000 per Convertible Debenture Unit for aggregate gross […]
Read Press ReleaseAleafia Health Announces Election of Directors
TORONTO, Ontario, June 18, 2019 – Aleafia Health Inc. (the “Company”) (TSX: ALEF) (OTC: ALEAF) (FRA:ARAH) is pleased to announce the results of the vote on the election of directors at its annual and special meeting of shareholders held on June 17, 2019 (the “Meeting”). On a vote conducted by ballot, all seven nominees set out […]
Read Press ReleasePHOTOS: Aleafia Health Completes Planting of Canada’s First Legal Outdoor Cannabis Crop
13,000 Cannabis Plants now Growing at Company’s Outdoor Grow Facility Harvest of First Outdoor Crop Planned for Q3 2019 Planting of Crop Completed Less Than One Week Following Health Canada Approval TORONTO, ON, June 13, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has completed the planting […]
Read Press ReleaseAleafia Health Secures Outdoor Cultivation Licence, Commences Planting of First Outdoor Crop
• 13,000 Starter Clones Already on-site at Port Perry Facility • First Crop Underway With Plants now in the Ground • Company’s Licensed Cultivation Area Increases from 22,000 sq. ft. to 314,000 sq. ft. • Facility Expected to Produce up to 60,000 kg Annually Following Full Growing Season TORONTO, ON, June 10, 2019 – Aleafia […]
Read Press ReleaseAleafia Health Reports First Quarter 2019 Results, Provides Corporate Update
Year-Over-Year Revenue Increases by 1,723% Licence Applications for Niagara Greenhouse, Port Perry Outdoor now Under Review TORONTO, ON, May 13, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) is pleased to provide a corporate update and report its First Quarter 2019 financial results for the period ended […]
Read Press ReleaseAleafia Health Welcomes Changes to Cannabis Licensing, Completes Largest Ever Product Sale
TORONTO, ON, May 9, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has completed the largest adult-use cannabis order (the “Order”) in the Company’s history today. The Order is scheduled to depart from the Company’s facility today, with delivery to a Canadian provincial government for distribution to […]
Read Press ReleaseAleafia Health Provides Corporate By-law Update
TORONTO, ON, May 6, 2019 – Aleafia Health Inc.’s (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) Board of Directors have approved an advance notice by‑law, the purpose of which is to require that advance notice be provided to the Company in circumstances in which nominations of persons for election to the […]
Read Press ReleaseAleafia Health Enters German Medical Cannabis Market with Supply, Distribution Joint-Venture
JV Majority Owned by Aleafia Health Subsidiary Pharmaceutical Wholesaler Acnos Leverages Network of 20,000 Pharmacies Aleafia Health to Ship Branded Medical Cannabis Products Purpose Built Cannabis Distribution and Storage Facility Being Built at Acnos HQ Company Also Expecting First Ever International Shipment to Australia TORONTO, ON, May 6, 2019 – Aleafia Health Inc. (TSX: ALEF, […]
Read Press ReleasePHOTOS: Aleafia Health Completes Build-out of 60,000 kg Outdoor Grow Site
26-acre site now plant-ready complete with security enclosure Company submitting final evidence package to Health Canada Photos of the Outdoor Grow Site Available Below TORONTO, ON, April 30, 2019 – Aleafia Health Inc. (TSX: ALEF, OTC: ALEAF, FRA: ARAH) (“Aleafia Health” or the “Company”) has brought its planned outdoor grow (the “Outdoor Grow”) expansion to […]
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