Press Releases

Aleafia Health Appoints Tricia Symmes as CEO to Replace Geoffrey Benic

Aleafia Health Appoints Tricia Symmes as CEO to Replace Geoffrey Benic

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 […]

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Aleafia Health Provides Further Update on its Convertible Debt

Aleafia Health Provides Further Update on its Convertible Debt

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 […]

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Aleafia Health Provides Update on the Negotiation of its Convertible Debt

Aleafia Health Provides Update on the Negotiation of its Convertible Debt

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 […]

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Aleafia Health Announces Closing of a New $19 Million Credit Facility and Extension of Existing Credit Facility

Aleafia Health Announces Closing of a New $19 Million Credit Facility and Extension of Existing Credit Facility

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 […]

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Aleafia Health Reports Q3 2021 Financial Results with 123% Increase in Cannabis Net Revenue

Aleafia Health Reports Q3 2021 Financial Results with 123% Increase in Cannabis Net Revenue

$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 […]

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Aleafia Health to Announce 2021 Third Quarter Results

Aleafia Health to Announce 2021 Third Quarter Results

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 […]

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Aleafia Health Builds on Adult-use Momentum with Retailer Harvest Party

Aleafia Health Builds on Adult-use Momentum with Retailer Harvest Party

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 […]

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Aleafia Health Announces Appointment of David Pasieka to Board of Directors

Aleafia Health Announces Appointment of David Pasieka to Board of Directors

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. […]

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Aleafia Health Announces Closing of $10 Million Credit Facility

Aleafia Health Announces Closing of $10 Million Credit Facility

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 […]

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Aleafia Health Reports Strong 2021 Second Quarter Financial Results with 53% Sequential Increase in Cannabis Net Revenue

Aleafia Health Reports Strong 2021 Second Quarter Financial Results with 53% Sequential Increase in Cannabis Net Revenue

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 […]

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Aleafia Health to Announce 2021 Second Quarter Results

Aleafia Health to Announce 2021 Second Quarter Results

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 […]

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Aleafia Health Announces the Appointment of Mark J. Sandler as Board Chair

Aleafia Health Announces the Appointment of Mark J. Sandler as Board Chair

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, […]

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Aleafia Health Launches Premium Cannabis Brand Nith & Grand

Aleafia Health Launches Premium Cannabis Brand Nith & Grand

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” […]

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Aleafia Health Announces Results of Annual General Meeting

Aleafia Health Announces Results of Annual General Meeting

TORONTO – June 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 results of the vote on the election of directors at its annual meeting of shareholders held on June 28, 2021 (the “Meeting”). All […]

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Aleafia Health Expands Bogart’s Kitchen Edibles Portfolio with Launch of Salted Caramel Pretzel Bites

Aleafia Health Expands Bogart’s Kitchen Edibles Portfolio with Launch of Salted Caramel Pretzel Bites

TORONTO, June 24, 2021 – Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”), a global leader in cannabis wellness products and services, today announced the expansion of its cannabis edibles portfolio with the first of its kind of Salted Caramel Pretzel Bites. The new format is now available and sold under […]

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