Aleafia Health (TSX:ALEF,OTC:ALEAF) will be distributing products into Australia with the launch of its first white label production run of medical cannabis oils.
As quoted in the press release:
The cannabis oils were produced at the Company’s Paris Processing Facility and will be distributed by Melbourne, Australia based Montu Group Pty. Ltd. (“Montu Group”), leveraging their newly launched premium medical brand Circle.
The transaction represents the first production run of Aleafia Health’s newly launched international white label production service, which leverages the Company’s proven formulas and international distribution channels.
“We are pleased to leverage our established Australian sales channel and new relationship with Montu Group in this fast growing medical cannabis market. With the strength of our existing local distribution network and investments, we are increasing our Australian footprint, as we also deploy our cannabis education platform and clinic operations expertise,” said Aleafia Health CEO Geoffrey Benic. “White label production also represents a new opportunity for us and highlights the strength of our value-added production ecosystem.”