Aleafia Well being Subsidiary Secures Regulatory Approvals for Cannabis Sales in Germany

TORONTO, Sept. 01, 2020 (GLOBE NEWSWIRE) — Aleafia Well being Inc.’s (TSX: AH, OTC: ALEAF) (“Aleafia Well being” or the “Organization”) indirect subsidiary, Aleafia Well being Germany GmbH (“Aleafia Germany”) will commence distributing healthcare cannabis items to German pharmacies following regulatory approvals.

Aleafia Germany has now received a controlled drug licence from the Federal Institute for Drugs and Healthcare Devices and a European Union Great Distribution Practice certification from the Cologne district government. With each other, these approvals authorize Aleafia Germany to obtain and distribute healthcare cannabis items inside Germany from its cannabis distribution centre (“DC”) in Aachen Brand. Aleafia Germany is anticipated to commence cannabis sales in September.

Aleafia Well being indirectly owns 60 % of Aleafia Germany, by way of a joint-venture with Acnos Pharma GmbH (“Acnos”), a German pharmaceutical wholesaler and logistics corporation, which lately completed its state-of-the-art pharmaceutical production and provide chain facility.

“We are delighted to launch operations in the German industry, leveraging the strength of our joint-venture’s current distribution network,” mentioned Aleafia Well being CEO Geoffrey Benic. “This breakthrough permits us to commence capturing industry share even though operating towards the ultimate purpose of getting an EU-GMP Certification for our Paris, Ont. facility.”

“With our state-of-the-art cannabis distribution centre now licensed and operational, Aleafia Germany is effectively positioned to swiftly start out promoting cannabis items to our wide network of pharmacies across Germany,” mentioned Maximillian Claudel, Acnos Co-Owner and Managing Director of Aleafia Germany.

For Aleafia Germany:

Maximillian Claudel, Managing Director
Gewerbepark Brand 21, 52078 Aachen
[email protected]

For Investor &amp Media Relations:

Nicholas Bergamini, VP Investor Relations
1-833-879-2533
[email protected]
Study Far more: www.AleafiaHealth.com

About Aleafia Well being:

Aleafia Well being is a vertically integrated and federally licensed Canadian cannabis corporation supplying cannabis wellness and wellness solutions and items in Canada and in international markets. The Organization operates healthcare clinics, education centres and production facilities for the production and sale of cannabis.

Aleafia Well being owns 3 substantial licensed cannabis production facilities, which includes the 1st huge-scale, legal outside cultivation facility in Canadian history. The Organization produces a diverse portfolio of commercially verified, higher-margin derivative items which includes oils, capsules and sprays. Aleafia Well being operates the biggest national network of healthcare cannabis clinics and education centres staffed by MDs, nurse practitioners and educators and operates internationally in 3 continents.

Innovation, the heart of Aleafia Health’s competitive benefit, has led to the Organization preserving a healthcare cannabis dataset with more than ten million information points to inform proprietary illness-distinct item improvement and its hugely differentiated education platform FoliEdge Academy. The Organization is committed to generating sustainable shareholder worth the TSX Venture Exchange named Aleafia the 2019 major performing corporation prior to its graduation to the TSX.

Forward Seeking Facts

This news release includes forward-seeking details inside the which means of applicable Canadian and United States securities laws. Frequently, but not often, forward-seeking details can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes” or variations of such words and phrases or state that specific actions, events or benefits “may”, “could”, “would”, “might” or “will” be taken, take place or be accomplished. Forward-seeking details includes recognized and unknown dangers, uncertainties and other elements which may well result in the actual benefits, overall performance or achievements of the Organization or its subsidiaries to be materially unique from any future benefits, overall performance or achievements expressed or implied by the forward-seeking details contained in this news release. Dangers, uncertainties and other elements involved with forward-seeking details could result in actual events, benefits, overall performance, prospects and possibilities to differ materially from these expressed or implied by such forward-seeking details, which includes dangers contained in the Company’s annual details type filed with Canadian securities regulators obtainable on the Company’s SEDAR profile at www.sedar.com. Though the Organization believes that the assumptions and elements utilised in preparing the forward-seeking details in this news release are affordable, undue reliance should really not be placed on such details and no assurance can be offered that such events will take place in the disclosed time frames or at all. The forward-seeking details incorporated in this news release are produced as of the date of this news release and the Organization does not undertake any obligation to publicly update such forward-seeking details to reflect new details, subsequent events or otherwise unless expected by applicable securities legislation.

Primary Logo

If You Liked This Short article Click To Share

.mobile_tx{show: none}
#ax1x{
font-size: 1.1em
font-weight: bold
line-height: 1.five
clear:each
margin: 0px 0px 20px 1% !essential
min-height: four.5em
text-transform: uppercase
padding: .25em 10px
position: relative
width: 98%
float: left
}
.subsequent-pg {
height: 85px !essential
width: one hundred%
border-major-left-radius: 3px
border-bottom-left-radius: 3px
background-colour: #e5192c
background-image: url(‘/wp-content material/themes/mh-magazine/pictures/worldwide-following.png’) !essential
background-repeat: no-repeat
background-position: ideal center
background-size: auto one hundred%
overflow: hidden
box-sizing: border-box
margin-bottom: 0px
margin-major: 10px
position: relative
padding-left: 100px
}
.subsequent-pg::just before {
width: 45px !essential
height: 85px !essential
show: block
content material: “”
width: 32px
height: 64px
background-image: url(‘/wp-content material/themes/mh-magazine/pictures/worldwide-just before.png’) !essential
background-repeat: no-repeat
background-position: ideal center
background-size: auto one hundred%
position: absolute
left: -4px
major: 0px
}
.action-txt {
text-transform: uppercase
margin: 12px
line-height: 61px
text-align: left
font-size: 36px
background-repeat: no-repeat
background-position: ideal center
background-size: 26px 18px
colour: #FFF
float: left
font-weight: bold
font-loved ones: “Open Sans”,sans-serif !essential
width: 78%
show: inline-block
text-align: center
}
@media (max-width: 768px){
.mobile_tx{show: block}
.desktop_tx{show: none}
.pps-slider-nav .pps-subsequent {
text-align: center
position: static
padding: 5px 20px
float: left
width: one hundred%
box-sizing: border-box
}
.pps-subsequent .subsequent-write-up-web page {
padding-left:
float: left
margin:
}
.subsequent-write-up-web page .action-txt {
padding-left: !essential
text-align: center
width: 87%
box-sizing: border-box
font-size: 26px
background:
text-align: center
}
#ax1x {
padding: .25em !essential
min-height: two.3em
width: one hundred% !essential
margin: 0px !essential
margin-bottom: 15px !essential
padding-bottom: !essential
}
}
@media (max-width: 500px){
.subsequent-write-up-web page .action-txt{
width: 75%
}
}

Latest posts