Aleafia Health Receives Niagara Facility Cultivation Licence

Aleafia Health’s (TSX:ALEF,OTC:ALEAF) subsidiary, Aleafia Farms, has secured a Health Canada cultivation license for the company’s Niagara production facility in Grimsby, Ontario.

As quoted in the press release:

“This is an important and long-awaited breakthrough for Aleafia Health. We can now fully leverage our supply chain across three completed, licensed production facilities,” said Aleafia Health CEO Geoffrey Benic. “The Niagara Facility provides both near term, stable inventory for our health and wellness sales channels, and the inputs needed for the 2020 outdoor cultivation season.”

The Facility features a highly advanced, automated, moving container bench system, which allows for a perpetual, year-round harvest. Capital investments made in automated cultivation and quality assurance systems will assist in reducing both costs and execution risk. It will be used as a staging ground for the Company’s planned 2020 outdoor cultivation at its Port Perry Facility. Starter plants will be grown on-site and transported to Port Perry at the beginning of the outdoor cultivation season, significantly reducing planting-to-harvest lead times.

Click here to read the full press release.