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Aleafia Health Inc.
Aleafia Health Inc. was a Canadian cannabis producer that operated medical and adult-use markets before entering creditor protection in 2023.
Aleafia Health Inc.
Aleafia Health Inc. was founded as a cannabis company headquartered in Concord, Ontario, with additional cultivation sites in Paris, Ontario, and Sherbrooke, Quebec. The firm emerged from the 2019 merger of Aleafia Health and Emblem Cannabis Corp., aiming to combine medical cannabis operations with recreational retail distribution. The strategy centered on low-cost production of dried flower and derivative products for both the Canadian medical and adult-use markets. The firm held licenses from Health Canada for cultivation, processing, and sales. Brands included Aleafia, Emblem, and Symbl. The geographic footprint was primarily Canada, with no disclosed international operations. By 2022, the firm operated approximately 721,000 square feet of licensed cultivation space. In March 2023, Aleafia Health obtained creditor protection under the CCAA. It sold its Paris, Ontario facility to Greenway Greenhouse Cannabis Corporation and its Sherbrooke facility to Les Serres Steph 33. The structural differentiator was a vertically integrated model spanning cultivation, processing, and distribution under one license, common among Canadian licensed producers but the firm merged distinct entities and then underwent insolvency restructuring.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Concord
Corporate office
Concord, Canada
Frequently asked questions
What happened to Aleafia Health?
Aleafia Health filed for creditor protection under the Companies' Creditors Arrangement Act in March 2023. The company subsequently sold cultivation facilities in Paris, Ontario and Sherbrooke, Quebec to other cannabis firms.
Did Aleafia Health have stock or bonds?
Yes, Aleafia Health had common shares that traded on the TSX Venture Exchange under the ticker ALEF until delisting following the CCAA filing. Unsecured creditors were also part of the restructuring.
Where did Aleafia Health grow its cannabis?
The firm operated cultivation facilities in Paris, Ontario and Sherbrooke, Quebec. The Paris facility was sold to Greenway Greenhouse Cannabis Corporation; the Sherbrooke facility to Les Serres Steph 33.
What brands did Aleafia Health produce?
Aleafia Health marketed dried flower, oils, and capsules under brands including Aleafia, Emblem, and Symbl. Products were sold through medical channels and provincial cannabis retailers.
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