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 featuring Aleafia Health Inc’s. (TSXV:ALEF.VN) (OTCQX:ALEAF) (FRA:ARAH) CEO Geoffrey Benic discussing the company’s acquisition of Emblem Corp. creating Canada’s largest cannabis clinic network along with 138,000 kilograms per year of planned annual cultivation capacity–making it an overnight leader in the medical side of the nascent cannabis industry.
CFN Media: Why did you initially decide to focus on medical clinics?
Geoffrey Benic: A question we continuously ask ourselves at Aleafia Health is “how will this accelerate our business strategy?” What the acquisition of Canabo did was leverage their tremendous success in physician-led cannabis therapy, which is why they’ve treated over 50,000 patients. There is tremendous loyalty among our patients because of that direct contact with physicians. It is such a significant differentiator for us. Whereas most medical cannabis transactions involve purchasing products on a website, our patients benefit from direct contact with a physician they trust.
We have been able to make hugely impactful improvements to our patients’ well being, and in doing so, have garnered among the largest patient bases in the country, 10 million proprietary data points and clinic operations expertise which is immensely valuable for international partners.
CFN Media: Why did you decide to pursue the acquisition Emblem?
Geoffrey Benic: Widespread consolidation will occur across the industry with a handful of companies capturing the lion’s share of the market. We intend to be consolidator. But you must do so strategically, by acquiring companies with complementary assets and capabilities, along with excellent management. For us, that’s Emblem.
CFN Media: What are some of the immediate synergies that will be realized?
Geoffrey Benic: Case in point: Emblem has a robust product portfolio of medical cannabis products, including oils, capsules and sprays. And there is a major supply shortage of medical cannabis. We want to ensure that our patients have access to medicine, and we can only do that by controlling the entire supply chain. We have the cultivation, the clinics and the patients. Emblem brings the product expertise including extraction, processing and labelling to us on day one.
Click Here to Download Aleafia Health Inc.’s Investor Presentation
CFN Media: Can you discuss your cannabis production and distribution plans?
Geoffrey Benic: Upon the closing of the acquisition, we will boast a global distribution platform. Emblem has a highly coveted supply agreement with Shoppers Drug Mart, Canada’s largest pharmacy chain. They supply a top cannabis dispensary retailer, Fire and Flower, and their Joint-Venture with Acnos Pharma, a major German pharmaceutical wholesaler ensures access to pharmacies in the largest medical market in the world.
From Aleafia’s standpoint, we have a 15,000 kg supply agreement with CannTrust, along with retail and brands Joint-Ventures with Aaron Serruya and Serruya Private Equity. They have been an innovative, leading force in the cannabis industry, and have experience running global brands including Yogen Fruz.
CFN Media: What catalysts can investors look forward to over the coming months?
Geoffrey Benic: Aleafia Health is going to continue exploring strategic acquisitions. But the number one focus will be on successfully integrating Aleafia and Emblem into a cohesive business with operations across the entire value chain, from cannabis cultivation, to product development, to medical and recreational distribution.
Aleafia Health Inc. (TSXV:ALEF.VN) (OTCQX:ALEAF) (FRA:ARAH) is well positioned to 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 grows its presence in medical and expands into recreational.
For more information, visit thecompany’s website
Click Here to Download Aleafia Health Inc.’s Investor Presentation.
Please follow the link to read the full article: https://www.cannabisfn.com/cfn-medias-exclusive-interview-with-aleafia-health-ceo-geoffrey-benic-discussing-emblem-corp-acquisition/
About CFN Media
CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in the US and Canada have relied on CFN Media to grow and succeed.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8
Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone: http://www.cannabisfn.com
CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/