Aleafia Health Inc ALEAF

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across Canada. The Company operates two licensed cannabis production facilities and operates a strategically located distribution center all in the province of Ontario, including the largest, 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. It markets and sells cannabis products through regulated intermediaries into selected international markets, tactically sells cannabis products into Canadian wholesale markets.

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Aleafia Health Inc > I respectfully disagree tower

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Comment by Toweringmarson Oct 28, 2021 3:37pm

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RE:RE:RE:I respectfully disagree tower

I find it quite strange how this happened. As the only other company publicly doing this is The Flowr Company whos doing it through their facility in Portugal. (With this same company) From what I can find online it seems like they're exporting to Focus medicinal, who sells it to IM Cannabis corps who re-sells it under their own brand. Sounds like alot of middle men. And I dont imagine the margins are very good. Especially when you consider they even posted in their own financials released shortly after that their exports earn them less than even selling it to the Canadian 'rec' market. Plus they only own 49% of that 3PL JV. F-20 owns the other 51% and they likely have some extra pull in getting certain things done... Kind of like our partners.

Overall weighted average selling price decreased by 20% or $1.43 to $5.78 per gram as the Company's export shipments received a lower average selling price than its Canadian recreational sales.

Knowing all this im kind of glad they arent rushing to white label in the israel market.

sthinei wrote:
That does appear to be fully accurate. Part of the problem with Benic is he sometimes appears to be not totally above board. If his comments are your assertions are accurate then why is it dinky Avant shipping weed to Israel as recently as this month.

Local company ships cannabis to Israel

David Wylie

Oct 15, 2021

An Avant Brands employee at its Grey Bruce Farms facility
Contributed

Avant Brands has joined an exclusive group of licenced producers sending cannabis beyond Canada’s borders, making its first shipment of weed to Israel.

The Kelowna-based cannabis producer announced Wednesday it shipped more than 200 kilograms of cannabis grown at its Grey Bruce Farms facility in Ontario to the Middle East country.

“This is a significant milestone for Avant to be one of a select number of Canadian companies serving the global cannabis export market,” said Norton Singhavon, founder and CEO of Avant.

“We would like to thank IMC for trusting Avant as its preferred supplier of high-quality cannabis for the Israeli cannabis market. The recent licensing of our 3PL Ventures facility in Vernon paves the path forward for Avant to distribute its premium flower into other global markets.”

Avant exported the weed to Focus Medical Herbs Ltd., an Israeli licensed producer with exclusive agreements with IM Cannabis Corp. to distribute products under the IMC brand in Israel.