Aleafia Health Completes Largest Cannabis Order to Date, Provides Facility Update

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TORONTO, Aug. 01, 2019 (GLOBE NEWSWIRE) — PRESS RELEASE — Aleafia Health Inc. is announcing that its wholly owned subsidiary, Emblem Cannabis Corporation, has completed the largest adult-use cannabis order in the company’s history. The value of the order is expected to generate proceeds from the sale of cannabis exceeding $1 million, and has been shipped to a Canadian provincial government for distribution to online and retail consumers. The single order features all of the company’s product formats and 17 individual product SKUs.

Aleafia Health’s average monthly gross revenue generated from the sale of cannabis now consistently and significantly exceeds equivalent revenues generated during Aleafia Health’s entire 2018 annual reporting period.

“Our largest cannabis sale to date again points to the consistent, upwards trajectory of Aleafia Health as we grow and refine our vertically integrated production supply chain across three facilities,” said Aleafia Health CEO Geoffrey Benic.

Niagara Greenhouse and Outdoor Grow Facility Update

The cultivation license application for the company’ modern, automated Niagara Greenhouse located in Grimsby, Ontario is now officially under review by Health Canada. In addition, 13,000 cannabis plants are now growing in the company’s Port Perry Outdoor Grow facility, including in the newly licensed Zone 2 area.

“Aleafia Health will continue its relentless focus on increasing product supply, allowing for the global scale of our cannabis health and wellness ecosystem,” said Benic. “We are delighted with the significant increase in cannabis sales to date, including a recent major increase in registered medical patients and product sales.

“This is just the start. With upcoming catalysts on the horizon, there is a tremendous amount of room for Aleafia Health’s continued growth. »

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