Aleafia Health Secures Licence for Toronto Distribution Centre, Expanding Supply Chain and Ecommerce Opportunity
Tuesday, February 16, 2021, 7:00 AM ET
Aleafia Health Secures Licence for Toronto Distribution Centre, Expanding Supply Chain and Ecommerce Opportunity
TORONTO, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTC: ALEAF) ("Aleafia Health" or the "Company") today announced its wholly owned subsidiary Emblem Cannabis Corporation has received a Health Canada Processing Licence (the "Licence") for its new Distribution Centre (the "DC"). Located minutes from Toronto Pearson International Airport, the DC greatly strengthens the Company's downstream supply chain, allowing for immediate expansion of same day delivery service, and eventual direct-to-retailer cannabis distribution.
Launched in April 2020, the Company's AssureHome Delivery has provided patients in the Greater Toronto Area ("GTA") and surrounding communities with same day cannabis delivery, for orders made by noon on any business day. With the new DC, the Company intends to significantly expand this service. This includes later order cutoff times, weekend and after-hours deliveries, and an enlarged service area. Additionally, it will allow for more efficient order fulfilment of adult-use shipments to provincial government wholesalers.
Located in Vaughan, a suburb of Toronto, the DC is within a two-hour drive of nine million people, or 25 per cent of the Canadian population. Due to this proximity, the Company expects to be able to continue to expand market share in the medical cannabis market.