via NEWMEDIAWIRE -- CFN Media Group (“CFN Media”), the leading
agency and financial media network dedicated to the North American
cannabis industry, announces publication of an article
discussing Aleafia Health Inc. (TSX-V: ALEF) (OTCQX:
ALEAF) (FRA: ARAH). Aleafia and Emblem Corp. entered into a
definitive merger agreement that will create Canada’s largest
cannabis clinic network along with 138,000 kilograms per year of
planned annual cultivation capacity.
Canada’s cannabis industry may be rapidly growing with new
initial public offerings each week, but there has also been a fair
share of consolidation within the industry. Investors may want to
take a closer look at industry mergers, since they have the
potential to create new industry leaders overnight. These larger
combined companies may be better able to compete against industry
leaders and ultimately become the next cannabis blue chips.
Largest Cannabis Clinic Network
The combination of Aleafia Health’s Canabo Medical Clinic and
Emblem’s GrowWise Health clinics will create the largest network of
cannabis clinics in the country, with 40 locations nationwide
serving almost 60,000 patients. While most licensed producers are
focused on mail order or retail sales, medical cannabis clinics
provide an opportunity to cultivate repeat customers with a
hands-on approach to treatment.
Without a sales license, Aleafia’s 20+ clinics and 50,000+
patients were forced to purchase cannabis through external licensed
producers. The merger with Emblem enables the company to sell
high-margin cannabis flower and extract products directly to this
patient population. These products include capsules, oils, and oral
sprays with industry-leading revenue per gram rates and
award-winning customer service and deliver options.
The company will benefit from immediate revenue generation
following the closing of the transaction from these unique
synergies. With the average patient being authorized for
about two grams per day, the company could generate
significant recurring revenue if even a modest portion of its
60,000 patients transition to purchasing its internal products
following the acquisition of Emblem’s sales licenses.
Sizable Licensed Producer
Aleafia Health will become one of the largest licensed producers
in the country with a fully funded 138,000 kilogram annual
production capacity across three Ontario-based production
facilities coming online next year. Despite production issues at
other licensed producers, the company’s production facilities have
delivered 100% of their provincial supply agreements—a testament to
management’s ability to execute.
Emblem has existing supply agreements with Ontario,
Saskatchewan, British Columbia, and Alberta, as well as medical and
retail distribution through various outlets, including Shoppers
Drug Mart. In addition to these agreements, Emblem’s joint venture
with Acnos Pharma could provide access to more than 82 million
people through 20,000 pharmacy locations while Aleafia’s
CannaPacific transaction could open access to the Australian
market.
The company also owns a 30,000 sq. ft. state-of-the-art
extraction facility with 5,000 sq. ft. dedicated to formulation and
analytical services. With GMP certification expected next year, the
company could begin to export these higher-margin products over the
near-term. The company also has licensing agreements in place for
metered dose sprays, as well as exclusive Canadian rights to oral
sustained release tablets.
Looking Ahead
Aleafia Health Inc. (TSX-V: ALEF) (OTCQX: ALEAF) (FRA:
ARAH) will become one of the largest and most diverse cannabis
companies in the industry following its merger with Emblem Corp.
With a leading network of medical cannabis clinics and 138,000
kilograms per year of production capacity, investors may want to
keep a close eye on the stock as it executes its strategy to become
a leader in the medical side of the industry with a growing
presence in the recreational market.
For more information, visit the company’s website
at www.aleafiainc.com.
Please follow the link to read the full article:
http://www.cannabisfn.com/aleafia-emblem-merger-creates-canadas-largest-network-of-clinics/
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which owns CannabisFN.com and CFN Media, has been hired to create
awareness. Please follow the link below to view our full disclosure
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