Aleafia Health Launches Cannabis Soft Chews by Bogart’s Kitchen

Rhea-AI Summary

Aleafia Health has launched its first cannabis edibles product, THC soft chews, under the brand Bogart’s Kitchen. This product is now available in the adult-use market and to medical cannabis patients. The soft chews come in two flavors: Strawberry Lemonade and Peach Mango, each containing 5 mg of THC per chew. This launch is part of Aleafia's broader strategy to expand its product portfolio, which includes vape cartridges and high-potency CBD oil. The company aims to differentiate Bogart’s Kitchen by focusing on edibles, capitalizing on the largest edibles market segment in Canada.

Positive

• Launch of THC soft chews expands product offerings.
• Products are available to both adult-use and medical markets.
• Bogart’s Kitchen brand tailored specifically to edibles consumers.
• Soft chews feature natural ingredients and unique flavor profiles.

Negative

• None.

TORONTO, March 02, 2021 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTC: ALEAF) (“Aleafia Health” or the “Company”) is pleased to announce the launch of THC soft chews under its edibles brand Bogart’s Kitchen. They represent Aleafia Health’s premiere cannabis edible product and the first launch under the Bogart’s Kitchen banner. They have commenced shipping to the adult-use market and are available to patients of the Company's medical cannabis subsidiary Emblem.

The soft chews are a key pillar in a much broader and ongoing product portfolio expansion, with recent launches including vape cartridges, sublingual strips, exclusive dried flower cultivars, and high-potency CBD oil.

“Bogart’s Kitchen is a highly differentiated brand tailored exclusively to edibles consumers, and its first product, soft chews, is the largest edibles category in Canada,” said Aleafia Health CEO Geoffrey Benic. “We look forward to additional product launches under the Bogart’s Kitchen banner, including some new innovative formats not yet available in the Canadian market.”

Conceived in the kitchens of Aleafia Health’s product innovation centre in Paris, Ont., the soft chews are the product of extensive R&D and culinary artistry. The initial launch features two SKUs, each with a unique flavour profile selected to satisfy Canadian consumers' taste preferences, as well as complement each SKU’s terpene profiles. They feature all natural flavours and colouring, are pectin-based, and contain no gelatin.

• Strawberry Lemonade: Featuring limonene which is prevalent in both citrus fruits and commonly found in sativa strains, Strawberry Lemonade Soft Chews contain two discrete chews per package, each with five milligrams of THC.
• Peach Mango: Featuring myrcene which is prevalent in both mangoes and indica strains, Peach Mango Soft Chews contain two discrete units per package, each with five milligrams of THC.

For Investor & Media Relations:

Nicholas Bergamini, VP Investor Relations
1-833-879-2533
IR@AleafiaHealth.com
LEARN MORE: www.AleafiaHealth.com

About Aleafia Health:

Aleafia Health is a vertically integrated and federally licensed Canadian cannabis company offering cannabis health and wellness services and products in Canada and in international markets. The Company operates medical clinics, education centres and production facilities for the production and sale of cannabis.

Aleafia Health owns four significant licensed cannabis production facilities, including the first large-scale, legal outdoor cultivation facility in Canadian history. The Company produces a diverse portfolio of commercially proven, high-margin derivative products including oils, capsules, edibles, sublingual strips, and vapes. Aleafia Health operates the largest national network of medical cannabis clinics and education centres staffed by MDs, nurse practitioners and educators and operates internationally in three continents.

Forward Looking Information

This news release contains forward-looking information within the meaning of applicable Canadian and United States securities laws. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “estimates”, “intends”, “anticipates”, or “believes” or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained in this news release. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including risks contained in the Company’s annual information form filed with Canadian securities regulators available on the Company’s SEDAR profile at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information included in this news release are made as of the date of this news release and the Company does not undertake any obligation to publicly update such forward-looking information to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a72ac950-c0d6-487b-8ee1-ed2068445809

FAQ

What is the new product launched by Aleafia Health during March 2021?

Aleafia Health launched THC soft chews under the Bogart’s Kitchen brand.

When did Aleafia Health announce the launch of its THC soft chews?

The announcement was made on March 2, 2021.

What flavors do the new THC soft chews from Aleafia Health come in?

The soft chews are available in Strawberry Lemonade and Peach Mango.

What is the THC content of each soft chew?

Each soft chew contains 5 mg of THC.

How does the launch of soft chews impact Aleafia Health’s product portfolio?

The launch is part of a broader strategy to expand Aleafia's product offerings in the cannabis market.