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Aleafia Health Inc ALEAF

Aleafia Health Inc. is a Canada-based cannabis company. The Company offers cannabis products in Canada and destined for international markets, including Australia and Germany. The Company operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners, which provide health and wellness services across Canada. It owns three licensed cannabis production facilities and operates a located distribution center all in the province of Ontario, including an outdoor cannabis cultivation facility in Canada. The Company produces a diverse portfolio of cannabis and cannabis derivative products, including dried flower, pre-roll, milled, vapes, oils, capsules, edibles, sublingual strips, and topicals, for sale in Canada in the medical and adult-use markets, and in select international jurisdictions. Its subsidiaries include Aleafia Inc., Canabo Medical Corporation, Aleafia Farms Inc., Emblem Corp., Emblem Cannabis Corporation, GrowWise Health Limited and other.


GREY:ALEAF - Post by User

Bullboard Posts
Post by WiseGuyTSXon Mar 29, 2018 11:16am
130 Views
Post# 27802612

Aleafia Health Inc. Provides Further Information

Aleafia Health Inc. Provides Further Information

Toronto, Ontario--(Newsfile Corp. - March 29, 2018) - Aleafia Health Inc. (TSXV: ALEF) ("Aleafia Health") or (the "Company", formerly, Canabo Medical Inc.) is pleased to provide further information subsequent to the completion of its completed business combination with Aleafia Inc. ("Aleafia") and Canabo Medical Inc.

As the combined entity moves forward, the Company has entered an accelerated growth phase on multiple fronts. Building on the foundation of a nationwide clinic network with a large active patient base and an aggressive expansion strategy for cultivation of medicinal cannabis. The Company believes that it is poised for unprecedented growth.

The network of 23 nationwide clinics currently supports over 24,000 active medical cannabis patients and is receiving upwards of 2000 physician patient referrals per month. The Company's patient centric focus from condition to strain produces unparalleled patient care. The Company plans to add additional clinics in strategic locations across Canada in the near term.

Aleafia received its ACMPR cultivation license in October of 2017. The company began cultivation at the facility in late February and expects to complete its first harvest in the next few weeks in preparation of the anticipated receipt of the ACMPR sales and distribution license.

Aleafia has begun an expansion strategy to increase cultivation capacity from its current abilities. Initial expansion of up to 150,000 square feet growing space at the Scugog location is in the permit stage and once permits are received, it is expected that construction will commence immediately.

Aleafia is also pursuing additional separate locations for cannabis cultivation to further expedite its expansion plans.

"The last little while has been a whirlwind," said Julian Fantino, Executive Chairman. "And we have come a long way in a very short amount of time. We continue to be in a position of strong and rapid growth and look forward to continuing to deliver on our plan."

For more information, please go to https://www.aleafiainc.com.


Read more at https://www.stockhouse.com/news/press-releases/2018/03/29/aleafia-health-inc-provides-further-information#VY12z2AsvY1aEu7o.99
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