Aleafia Health Broadens Its International Reach With A New European Cannabis Distribution Partner

Aleafia Health Inc. ALEAF AH has signed a new European cannabis distribution partner, representing a one-year, approximately $1 million contract, bolstering the company’s record $1.2 million year-to-date sales in its growing international channel.

“This new announcement is very significant: it builds upon advancements made in August 2022 when the company revealed a two-year $4.6 million European sales commitment and broadens our international reach,” stated Aleafia CEO Tricia Symmes. “The company is involved in overseas markets because international success leverages both its products and brands, and the addressable European cannabis market is high potential, so this relationship provides another gateway into further European expansion in the medical and potential recreational markets.”

David Pasieka Replaces Mark Sandler as Aleafia Health Board Chair
The company announced that David Pasieka, a director since September 2021, will become its board chair, following the January 30th retirement of Mark Sandler, who has served as chair since July 2021 and is Aleafia Health’s longest serving director having being appointed in 2018. Pasieka, a seasoned public company executive, with extensive formal and board level experience, has served on Aleafia’s FAC and HRC committees and currently serves on the board of Oakville Hydro / Oakville Enterprise Corporaiton as well as serving on the faculty of the Caribbean Governance Institute.

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Photo: Benzinga edit with photos by geralt and lindsayfox on Pixabay

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Posted In: CannabisNewsPenny StocksMarketsDavid PasiekaMark SandlerOakville Enterprise CorporaitonOakville HydropremiumTricia Symmes
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