ALEF posted some very impressive news this morning. They arranged a verry impresive new amanagement team including Gary Goodyear
Read yourself down below. The main important is, they issued 2.350.000 options for his new management @ 0,63 and 0,6 $.
. Perhaps they needed low share price to issue options for the new managements team at cheep levels. Like incentives for them. Looks like they are "big political dogs", which will be huge for alefs reputation out there.
I think the bottom is reached.
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Former federal minister, the Hon. Dr. Gary Goodyear, named President, Clinic Operations
Current Director, Dr. Michael Verbora, named Chief Medical Officer
Mark J. Sandler, Senior Criminal and Regulatory Lawyer appointed Director
Don Hunter named Vice-President, Business Development
TORONTO, April 24, 2018 /CNW/ - Aleafia Health Inc. (TSXV: ALEF; OTC: CAMDF) ("Aleafia Health") today announced changes to its executive team that will better position the vertically integrated medical cannabis company to meet its ambitious growth goals.
Changes to the leadership include:
- The appointment of The Honourable Dr. Gary Goodyear as President, Clinic Operations, in lieu of his serving on the board.
- The appointment of Dr. Michael Verbora as Chief Medical Officer in addition to his serving on the board and audit committee.
- The appointment of Mr. Mark J. Sandler, Senior criminal and regulatory lawyer as Aleafia Director, filling the vacancy on the Board of Directors left by Dr. Goodyear.
- The appointment of Don Hunter as Vice-President, Business Development.
"In addition to being one of Canada's few vertically integrated medical cannabis companies, we believe that the experienced and ethical leadership team is one of our organization's defining strengths," said Aleafia Executive Chairman Julian Fantino. "We're confident that appointing Dr. Goodyear to lead our clinic operational side, and Mr. Sandler to our Board of Directors, will further enhance our competitive advantage in the medical cannabis space."
The company leadership welcomes the fact that the Honourable Dr. Gary Goodyear, who served in two federal cabinet-level portfolios, also boasts experience developing his own successful franchised model for healthcare treatment. The company leadership is also confident in the expertise and leadership of Dr. Verbora to oversee all matters pertaining to cannabinoid medicine within the organization. Additionally, the Aleafia leadership is extremely pleased to add a legal expert of Mr. Sandler's calibre to the Aleafia Board as an independent director.
Aleafia believes that coming on the heels of its recent appointment of a new Head Horticulturalist today's announcement further demonstrates the remarkable bench strength of the Aleafia executive team. This company further believes that this change—combined with the expanding network of clinics and research opportunities, and the expanding Health Canada LP facility that is expected to yield its first harvest in the next five weeks—puts the company in a strong position to meet its ambitious expansion goals in the coming months and years.
Furthermore, the Company announces that Mr. John Philpott will no longer be serving as Executive Vice President or in an operational capacity with the Company, but he will remain as a director. Raf Souccar will continue to serve as Chief Executive Officer but not as President.
The company granted an aggregate of 2,350,000 stock options pursuant to its stock option plan as follows: 1,000,000 to Mr. Hunter at a price of $0.63, 850,000 to Dr. Verbora and 500,000 to Mr. Sandler at a price of $0.60. Options granted to Mr. Hunter vest over a two year period every 6 months while options granted to Dr. Verbora and Mr. Sandler vest quarterly over a one year period. All options have a five year term.