Thursday, May 29, 2025

Latest

Aleafia Health Partners With Unifor For Medical Cannabis Coverage

Aleafia Health (TSX: AH) has entered a binding letter of intent with that of Unifor, the largest private sector union in Canada. The LOI outlines an arrangement whereby the two firms will partner to provide access to medical cannabis for Unifor’s members through the collective bargaining process.

The arrangement will see Unifor look to acquire medical cannabis coverage as part of their insurance and benefits coverage for union members, whereby the medical cannabis will be supplied by Aleafia Health. The arrangement is set to be a two-way street, with Unifor pushing for the reimbursement of medical cannabis for members, while Aleafia will provide members access to its health and wellness program, which includes education and training, consultations, prescriptions, and “where appropriate,” medical cannabis products.

Aleafia Health CEO Geoffrey Benic described the arrangement by stating “This is a significant moment for the cannabis industry, and an important breakthrough for medical cannabis accessibility in Canada.” However, Aleafia is notably not the first public cannabis firm to partner with a union, with the firm following in the footsteps of WeedMD Inc (TSXV: WMD), whom entered similar arrangements with LiUNA close to a year ago.

Aleafia Health last traded at $0.53 on the TSX.


Information for this briefing was found via Sedar and Aleafia Health. The author has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

First Majestic Makes Second Major Discovery At Santa Elena In Just A Year

Related News

Red White & Bloom To Acquire Aleafia Health Assets Under CCAA Proceedings

Red White & Bloom Brands (CSE: RWB) has nearly acquired the former assets of Aleafia...

Thursday, October 12, 2023, 02:14:42 PM

Aleafia Health Files For Creditor Protection As Red White & Bloom Issues Demand Letter On Debt

In a move that will shock very few, Aleafia Health (TSX: AH) has filed for...

Tuesday, July 25, 2023, 10:32:06 AM

Aleafia Health Harvests 31,200 Kilograms Of Flower From Outdoor Crop

Aleafia Health (TSX: AH) this morning released its cultivation results from the 2020 outdoor harvest,...

Friday, November 6, 2020, 08:51:26 AM

Aleafia Health Revenues Decline 49.2% In Third Quarter 2020

Aleafia Health (TSX: AH) has seen its revenues decline 49% on a quarter over quarter...

Wednesday, November 11, 2020, 08:09:14 AM

Aleafia Health Announces $30 Million At The Market Financing

Aleafia Health (TSX: AH) this morning became the latest cannabis operator to announce an at-the-market...

Wednesday, June 9, 2021, 08:01:02 AM