Aleafia Health Secures Licence for Toronto Distribution Centre, Expanding Supply Chain and Ecommerce Opportunity
16 Februar 2021 - 1:00PM
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.
“COVID-19 has resulted in a rapid expansion in ecommerce,
coupled with greater demand for same-day delivery. Yet while supply
chain logistics is among the most important cannabis industry
competencies, it is also the least developed,” said Aleafia Health
CEO Geoffrey Benic. “We plan to capitalize on this through a
continued expansion of our AssureHome Delivery platform, which
allows us to offer our customers and patients what they want, when
they want it.”
The DC builds upon Aleafia Health’s existing production supply
chain, which features two low-cost cultivation facilities and a
value-added extraction and manufacturing site, all of which
surround the GTA. The Licence was granted on February 12, 2021,
expires on February 12, 2024, and authorizes cannabis storage and
the fulfilment of orders to other licence holders, medical
patients, adult-use provincial wholesalers and international
customers.
Geoffrey Benic and Chief Operating Officer Greg Rossi were among
the founding team members of the award-winning online grocery
fulfillment and delivery service, GroceryGateway.com. The pair have
also worked as executive consultants on supply chain logistics
projects for some of the world’s largest companies including
Walmart Inc., Nestlé S.A., Kraft Heinz Company, Campbell Soup
Company and Mondelez International.
For Investor & Media Relations:
Nicholas Bergamini, VP Investor
Relations1-833-879-2533IR@AleafiaHealth.comLEARN MORE:
www.AleafiaHealth.com
About Aleafia Health:
Aleafia Health is a vertically integrated and federally licensed
Canadian cannabis company offering cannabis health and wellness
services and products in Canada and in international markets. The
Company operates medical clinics, education centres and production
facilities for the production and sale of cannabis.
Aleafia Health owns four significant licensed cannabis
production facilities, including the first large-scale, legal
outdoor cultivation facility in Canadian history. The Company
produces a diverse portfolio of commercially proven, high-margin
derivative products including oils, capsules, edibles, sublingual
strips and vapes. Aleafia Health operates the largest national
network of medical cannabis clinics and education centres staffed
by MDs, nurse practitioners and educators and operates
internationally in three continents.
Forward Looking Information
This news release contains forward-looking information within
the meaning of applicable Canadian and United States securities
laws. Often, but not always, forward-looking information can be
identified by the use of words such as “plans”, “expects”,
“estimates”, “intends”, “anticipates”, or “believes” or variations
of such words and phrases or state that certain actions, events or
results “may”, “could”, “would”, “might” or “will” be taken, occur
or be achieved. Forward-looking information involves known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company or its
subsidiaries to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking information contained in this news release. Risks,
uncertainties and other factors involved with forward-looking
information could cause actual events, results, performance,
prospects and opportunities including the expansion of same-day
delivery service to differ materially from those expressed or
implied by such forward-looking information, including risks
contained in the Company’s annual information form filed with
Canadian securities regulators available on the Company’s SEDAR
profile at www.sedar.com. Although the Company believes that the
assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance
should not be placed on such information and no assurance can be
given that such events will occur in the disclosed time frames or
at all. The forward-looking information included in this news
release are made as of the date of this news release and the
Company does not undertake any obligation to publicly update such
forward-looking information to reflect new information, subsequent
events or otherwise unless required by applicable securities
legislation.
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