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2 0 2 0 Q 1 C O R P O R AT E P R E S E N TAT I O N
AleafiaHealth.com
Confidential & Proprietary 1
Certain statements herein relating to the Company constitute “forward looking statements”, within the meaning of applicable securities laws, including without limitation, statements regarding future estimates, business plans and/or
objectives, sales programs, forecasts and projections, assumptions, expectations, and/or beliefs of future performance, are “forward-looking statements”. Such “forward-looking statements involve unknown risks and uncertainties that
could cause actual and future events to differ materially from those anticipated in such statements. Forwardlooking statements include, but are not limited to, statements with respect to commercial operations, including production and/
or sales of marijuana, quantities of future marijuana production, anticipated revenues in connection with such sales, the overall projected size of the market, completion and/or expansion of production facilities, and other Information
that is based on forecasts of future results, estimates of production not yet determinable, and other key management assumptions. Actual results may differ materially from those expressed or implied by such forwardlooking statements
and involve risk and uncertainties relating to the Company’s historical experience with regulatory changes, timeliness of government approvals for the granting of permits and licenses, changes in marijuana prices, actual operating performance
of facilities , and other uninsured risks. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Contents are provided for general information
purposes only and do not constitute an offer to sell or solicitation of an offer to buy any security in any jurisdiction
2Confidential & Proprietary
ScienceData analytics and science-based medicine
informs every decision, from strains to treatment. If it matters, measure it. And our patients matter.
SeedingWe seed change by disrupting established
industries. Cross-platform tech integration and cannabis innovation is how we do it.
WellnessSpecialized treatment programs, tailored
cannabis education courses, illness-specific products. We tailor wellness through
diversification - the consumer experience doesn’t end at the point of sale.
Confidential & Proprietary 3
Aleafia Health at a Glance
Integrated Cannabis Health & Wellness Platform
3
160,000 sq. ft
3,700,000 sq. ft
129,500 kg
109,500 kg
115,000 kg
70,000+
11,500+
$0.10
Cultivation / Extraction Facilites
Greenhouse Cultivation
Outdoor Cultivation
Total Cultivation Capacity
Licensed, Cultivation Capacity
Licensed, Extraction Capacity
Unique Clinic Patients
Active, Registered Medical patients
All-in cash cost pergram to harvest (outdoor facility)
Adult-Use• 4 provincial and 3 retail distribution supply agreements
• International Expansion into Germany and Australia
Medical / Medical Clinics• Canada’s largest network of medical cannabis
clinics with over 70,000 patients
• Medical products currently in market in Australia
Cannabis 2.0• Differentiated product portfolio of new
formats to launch in 2020
• Future CPG brand integrations focused on health and wellness lifestyle products
Confidential & Proprietary 4
v
Five Consecutive Quarters
Record Net Revenue
RECORD
NET REVEN
UE
Q1 - 18 Q2 - 18 Q3 - 18 Q4 - 18 Q1 - 19 Q2 - 19 Q3 - 19 Q4 - 19 Q1 - 20
84644
1,1371,465 1,525
3,839
4,958
6,028
14,596
SG&AIncrease
Cannabis Revenue Gross
Margin
Adjusted EBITDA
Cash
3%
85%
$35M
$6.4M
Confidential & Proprietary 6
Medical CannabisMedical cannabis products are the core of our business. That means providing our patients with standardized, repeatable medicine, when they need it.
Adult-use CannabisSome health and wellness consumers who want to purchase their products over the counter. That’s why we made Symbl. Because curiosity is the catalyst for discovery and growth.
Sublingual StripsHealth and wellness conscious consumers want novel, discreet form factors. That’s why we now have the exclusive Canadian rights to product the award-winning KIn Slips sublingual strips. .
Products
Continuous product innovation, powered by research, experience and consumer brand feedback to scale globally
Confidential & Proprietary 7
Health & Wellness Ecosystem
Virtual ConsultationMedical patients visit our clinic network including partner clinics for physician-led cannabinoid therapy.
9am
12pm
8pm
Secure Online OrderingFollowing prescription, patients seemlessly make their product order through our Emblem medical e-commerce platform.
Direct-to-Door DeliveryMedical cannabis home delivery offered in the Greater Toronto Area exclusively for registered Emblem patients. Discrete and convenient.
Confidential & Proprietary 8
CultivationFacilities
NiagaraGreenhouse facility featuring modern, perpetual harvest system. It yields standardized, low-cost cannabis flower and secures stable inventory management.
Aleafia Health’s integrated production ecosystem features low-cost cultivation, high-margin processing and high barriers to entry.
ParisEntirely dedicated to the extraction, processing and packaging of value-added cannabis products. Purpose built to EU-GMP requirements.
Port Perry86 acre outdoor cultivation site producing ultra low-cost input material for cannabis products.
Confidential & Proprietary 9
Port Perry
26-Acre expansion to 86 acres in Licensed May 2020
$0.10 All-in cash cost per gram
• Produced ~13,000 kgs of dried flower in 2019 on 13 acres
• Expansion to total of 86 acres in 2020
Confidential & Proprietary 10
Niagara Greenhouse
Licensed on March 13, 2020
160,000 sq. ft.
• Ultra modern design and built right-sized to preserve capital
• Acts as staging ground for outdoor cultivation, producting starter plants and handling post harvest
Confidential & Proprietary 11
Paris Facility
20,000 sq. ft. expansion licensed May 2020
Cannabis 2.0 Innovation• Paris Facility to produce new product
formats including sublingual strips, candies and other derivative formats
• Expands annual extraction capacity to 115,000 kgs of dried flower annually
Confidential & Proprietary 12
Global Distribution
Canada (Paris Ontario)• Aleafia Health’s global production centre,
the Paris Facility produces medical cannabis products for distribution globally
Germany• Joint-venture with pharmaceutical wholesaler Acnos
Pharma, offering distribution to 20,000 pharmacies
• Exports to commence pending EU-GMP Certification, with application submitted in May 2020
Australia• Products available in market in Australia today
with multiple exports already completed
• 10% equity stake in Australian cannabis producer CannaPacific
Confidential & Proprietary 13
Health & Wellness Services
TelemedicineVirtual clinic services conducted 100% remotely, offering unparalled scale, convenience and efficiency
70,000+ Patients Seen to Date...All Patient data monitored, from scripting, diagnosis, to purchasing
Cannabinoid Therapy ExpertiseFocus on pain, anxiety, eating disorders, pediatrics, autism, palliative care and epilepsy.
Global Medical Cannabinoid Therapy Expertise
Proprietary patient on-boarding, diagnosing and treatments tuned over 5+ years across hundreds of thousands of patient engagements.
Confidential & Proprietary 14
Trevor NewellChief Marketing & Technology Officer
President at Wholesale Energy Systems and was the Co-Founder and President at SHOP.ca Network Inc.
Benjamin FerdinandChief Financial OfficerPreviously served as Managing Director, Platform Strategies and VP, Head of Finance, Strategy and Corporate Development at the TMX Group
Greg Rossi Chief Operating Officer
Executive consultant on supply chain logistics at Walmart, Campbell, Kraft Heinz, Nestle, Mondelez. Founding partner of Grocery Gateway.
“By seeking a new form of care, our patients have the courage to do things differently. They are our inspiration, and that differentiation our mantra.”
Past senior leadership experience as Founder & Chairman at Sofilia Logistics Group; General Manager at Grocery Gateway; Regional Director, UPS Canada.
Executive consultant on supply chain logistics at Walmart, Campbell, Kraft Heinz, Nestle, Mondelez.
Geoff Benic / Chief Executive Officer
Geoff BenicChief Executive Officer
Management Team
Dr. Michael Verbora Chief Medical Officer
Physician at Department of Family Medicine, University of Toronto. 5000+ Cannabinoid therapy consultations.
Keith WhitePresident of Clinics
Previously served as Chief Operating Officer at Oshawa Clinic Group, Canada’s largest multidisciplinary clinic network.
Confidential & Proprietary 15
“Trust and accountability are paramount. To our team, to our shareholders, and to our patients.”
Board of Directors
Loreto GrimaldiServed as Executive Vice President and Chief Legal Officer of Progressive Waste Solutions
Lea RayHas held multiple board leadership positions including Workplace Safety and Insurance Board, Street Capital Group
Rhonda LawsonDistinguished independent director of for profit and not-for-profit boards. Experienced healthcare and insurance executive.
Mark SandlerSenior Partner at Cooper, Sandler, Shine & Bergman
Daniel Milliard CEO of Indian River Consulting Inc. General Manager of Islip Flow Controls,, Director, Progressive Waste Solutions
Glenn WasherBiotechnology and pharmaceuitcal executive. Most rcently President of Charles River Laboratories Montreal ULC.
Confidential & Proprietary 16
SHAREHOLDER INFORMATION
Ticker Symbol:TSX / ALEF
Registrar and Transfer AgentComputershare Ltd. Vancouver510 Burrard St, 3rd FloorVancouver, BC V6C 3B9t / 1 -800-564-6253
AuditorsManning Elliott LLP
INVESTOR CONTACTS
t / 1 -833-TSX-ALEF (879-2533)e / [email protected]
Nicholas BergaminiVP, Investor Relations
DIRECTORLea Ray
DIRECTORLoreto Grimaldi
DIRECTORDaniel Milliard
DIRECTORRhonda Lawson
DIRECTORMark Sandler
DIRECTORGlenn Washer
CHIEF EXECUTIVE OFFICERGeoffrey Benic
CHIEF FINANCIAL OFFICERBenjamin Ferdinand
CHIEF OPERATING OFFICERGreg Rossi
CHIEF MARKETING & TECHNOLOGY OFFICERTrevor Newell
CHIEF MEDICAL OFFICERDr. Michael Verbora
PRESIDENT OF CLINIC OPERATIONSKeith White
Corporate Directory
17Confidential & Proprietary
AleafiaHealth.com