Aleafia Health Inc.
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Aleafia Health Inc. - overview
Established
2007
Location
Concord, ON, Canada
Primary Industry
Healthcare
About
Aleafia Health Inc. is a Canadian-based company focused on the cultivation and distribution of high-quality cannabis products for medical and recreational consumers, offering a diverse range of products tailored to various health needs and lifestyle preferences. Founded in 2007 in Concord, Canada, Aleafia Health Inc. specializes in the cannabis sector, providing products designed for both medical and recreational use.
The company has undergone strategic pivots to adapt to market demands. With a total of three deals, their most recent funding round, a Private Placement on June 24, 2022, raised CAD 5. 60 million, matching their total amount raised of CAD 5. 60 million.
The company is led by CEOs Geoff Benic and Tricia Symmes. Aleafia Health Inc. focuses on cultivating and distributing high-quality cannabis products, including oils, edibles, and dried flowers, designed to meet the needs of medical patients and recreational users. The company’s offerings are tailored to address specific health concerns and lifestyle choices, with sales across Canada and select international markets, emphasizing quality and innovation in the cannabis sector.
In the most recent year, 2019, Aleafia Health Inc. generated revenue of CAD 12,365,600 and reported an EBITDA of CAD -14,050,400 in 2018, reflecting the financial dynamics of their operations during that period. Aleafia Health Inc. is focused on expanding its product line and market reach.
The company is working on new product launches aimed at enhancing their portfolio by targeting additional health-related needs. Plans to enter new geographical markets are also underway, with specific focus on regions that align with their product offerings by 2023. The recent funding of CAD 5. 60 million will be utilized to support these initiatives, with a portion directed towards product development and market expansion strategies.
Current Investors
Serruya Private Equity
Primary Industry
Healthcare
Sub Industries
Alternative Medicine, Crop Production
Website
www.aleafiainc.com
Verticals
Cannabis/Medical Marijuana, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Aleafia Health Inc. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 30, 2018 | Dec 30, 2019 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Aleafia Health Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Placement/Follow on | Completed | Aleafia Health Inc. | - | ||||||||
| Private Placement/Follow on | Completed | Aleafia Health Inc. | - | ||||||||
| Add-on | Completed | Emblem Corp. | - | ||||||||
| PIPE | Completed | Aleafia Health Inc. | - |
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