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Aleafia Health to Announce Fiscal Year 2022 Fifth Quarter and Year End Results

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Aleafia Health (OTCQX: ALEAF) has postponed the announcement of its fifth quarter and fiscal year results for the period ending March 31, 2022. The company will provide updates on the new date and details for the earnings call in the future. Aleafia Health operates three licensed cannabis production facilities in Canada and is involved in the production of a variety of cannabis products for both the adult-use and medical markets.

Positive
  • Aleafia Health operates the first large-scale legal outdoor cannabis cultivation facility in Canada.
  • The company has a diverse portfolio of cannabis products for the Canadian market.
Negative
  • Postponement of fiscal year results may lead to uncertainty for investors.
  • Lack of specific financial metrics or guidance increases market speculation.

TORONTO, June 22, 2022 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTCQX: ALEAF) (“Aleafia Health” or the “Company”) is postponing the announcement of its fifth quarter and fiscal year results for the period ending March 31, 2022. The Company shall provide a further update on the new date and earnings call details in due course.

For Investor & Media Relations:

Matthew Sale, CFO
1-833-879-2533
IR@AleafiaHealth.com
LEARN MORE: www.AleafiaHealth.com

About Aleafia Health:

Aleafia Health, a vertically integrated and federally licensed Canadian cannabis company, owns three licensed cannabis production facilities, including the first large-scale, legal outdoor cultivation facility in Canadian history, and operates a strategically located distribution centre, all in the province of Ontario. The Company produces a diverse portfolio of cannabis derivative products including oils, capsules, edibles, sublingual strips, and vapes, for sale in Canada in the adult-use and medical markets and is pursuing opportunities in select international jurisdictions. The Company owns and operates a virtual network of medical cannabis clinics staffed by physicians and nurse practitioners.

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.


FAQ

When will Aleafia Health announce its fifth quarter and fiscal year results?

Aleafia Health has not specified a new date for the announcement but will provide updates in due course.

What is the stock symbol for Aleafia Health?

The stock symbol for Aleafia Health is ALEAF on the OTCQX.

What are Aleafia Health's main business operations?

Aleafia Health is a vertically integrated cannabis company operating licensed production facilities and a network of medical cannabis clinics.

Is Aleafia Health involved in international markets?

Yes, Aleafia Health is pursuing opportunities in select international jurisdictions.

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