Dr. Michael Verbora reports

ALEAFIA BOOSTS BENCH STRENGTH OF EXECUTIVE TEAM TO SUPPORT EXPANSION GOALS

Aleafia Health Inc. has made changes to its executive team that will better position the vertically integrated medical cannabis company to meet its ambitious growth goals.

Changes to the leadership include:

• The appointment of Dr. Gary Goodyear as president, clinic operations, in lieu of his serving on the board;
• The appointment of Dr. Michael Verbora as chief medical officer in addition to his serving on the board and audit committee;
• The appointment of Mark J. Sandler, senior criminal and regulatory lawyer, as Aleafia director, filling the vacancy on the board of directors left by Dr. Goodyear;
• The appointment of Don Hunter as vice-president, business development.

"In addition to being one of Canada's few vertically integrated medical cannabis companies, we believe that the experienced and ethical leadership team is one of our organization's defining strengths," said Aleafia executive chairman Julian Fantino. "We're confident that appointing Dr. Goodyear to lead our clinic operational side, and Mr. Sandler to our board of directors, will further enhance our competitive advantage in the medical cannabis space."

The company leadership welcomes the fact that Dr. Goodyear, who served in two federal cabinet-level portfolios, also boasts experience developing his own successful franchised model for health care treatment. The company leadership is also confident in the expertise and leadership of Dr. Verbora to oversee all matters pertaining to cannabinoid medicine within the organization. Additionally, the Aleafia leadership is extremely pleased to add a legal expert of Mr. Sandler's calibre to the Aleafia board as an independent director.

Aleafia believes that coming on the heels of its recent appointment of a new head horticulturalist today's announcement further demonstrates the remarkable bench strength of the Aleafia executive team. The company further believes that this change -- combined with the expanding network of clinics and research opportunities, and the expanding Health Canada LP facility that is expected to yield its first harvest in the next five weeks -- puts the company in a strong position to meet its ambitious expansion goals in the coming months and years.

Furthermore, the company announces that John Philpott will no longer be serving as executive vice-president or in an operational capacity with the company, but he will remain as a director. Raf Souccar will continue to serve as chief executive officer but not as president.

The company granted an aggregate of 2.35 million stock options pursuant to its stock option plan as follows: one million to Mr. Hunter at a price of 63 cents, and 850,000 to Dr. Verbora and 500,000 to Mr. Sandler at a price of 60 cents. Options granted to Mr. Hunter vest over a two-year period every six months while options granted to Dr. Verbora and Mr. Sandler vest quarterly over a one-year period. All options have a five-year term.

Quotes

"Our 22 clinics, and the dedicated physicians and support staff who operate them, are critical to the success of Aleafia Health," said Dr. Goodyear. "I look forward to working with my new team and taking the patient-focused, physician-led, research-driven model of operations through the next phase of expansion in the coming months and years."

"Even since my consultancy with Health Canada's drug strategy and controlled substances program, I have understood that cannabinoid medicine -- when managed correctly -- can bring profound improvements to the quality of life for those in need," said Mr. Sandler. "I'm delighted to join the board of directors of Aleafia Health because this organization is both ethically sound and competitively positioned for success."

"I'm very excited to continue advancing the patient care and the science of cannabinoid medicine in this new role as chief medical officer," said Dr. Verbora. "I am humbled by the board's confidence in my leadership, and grateful to our outstanding team of dedicated medical practitioners across our clinic network and the exceptional work they do every day in support of our many patients."

"It's a pleasure to be part of this strong, professional, ethical team," said Mr. Hunter. "It's an exciting time to be in business development within the medical cannabis industry, and I'm thrilled be able to work on increasing opportunities for the company in a way that can take it to a whole new level."

Biographies

Dr. Goodyear

Dr. Goodyear is a doctor of chiropractic and has been at the forefront of health care, business and government. After graduating from the Canadian Memorial Chiropractic College, he developed a successful franchised model for the treatment and management of non-head injuries from motor vehicle accidents, and practised for 20 years until his election to Parliament in 2004. He served as Canada's Minister of State, Science and Technology as well as Minister of State for the Federal Economic Development Agency, Southern Ontario, with a dual focus on enriching Canada's innovation and research agenda. Dr. Goodyear served as a director for Aleafia before taking on the role of president, clinic operations, in 2018.

Mr. Sandler

Mr. Sandler has been a member of the Ontario bar for over 38 years. He is the senior partner of Cooper, Sandler, Shime & Bergman LLP, and practises as an appellate and trial lawyer in criminal and regulatory matters. He served as an elected bencher of the Law Society of Upper Canada, the legal profession's governing body, for three terms (just under 12 years), and chaired its appeal panel and tribunal committee. He is an elected fellow of the American College of Trial Lawyers and is listed as one of Canada's best lawyers in a number of publications. From 2006 to 2014, he was a member of the board of the Law Foundation of Ontario and then its chair from 2009 to 2014. He was an adjunct professor at Osgoode Hall Law School for 14 years, and lectures extensively to prosecutors, defence counsel, judges, boards and agencies on a variety of topics, including professional ethics and responsibilities, and criminal and regulatory law. He has been consulted internationally (including by two governments) on law reform and has served as counsel or consultant to 12 public inquiries or systemic reviews, including a 2003 to 2004 review for the Minister of Health and Health Canada, drug strategy and controlled substances program, of existing medical marijuana regulations and policies, and a review for Health Canada of the accuracy of certificates of drug analysis. He is the recipient of the G. Arthur Martin Medal for his outstanding contributions to criminal justice in Canada.

A full biography is available on the Cooper, Sandler, Shime and Bergman LLP website.

Dr. Verbora

Dr. Verbora earned an MBA from the University of Windsor's Odette School of Business in 2009 and an MD from Schulich School of Medicine at Western University in 2013, before entering a family practice residency at the University of Toronto. A member of the Canadian Consortium for the Investigation of Cannabinoids, Doctors for Responsible Access and the Canadian Pain Society, he has completed over 2,000 cannabinoid therapy consultations, and has presented many talks in community and hospital settings while serving as student health physician at Seneca College and medical director, Canabo Medical Clinic. Dr. Verbora was recently named an assistant professor at McMaster Medical School.

Mr. Hunter

Mr. Hunter obtained one of the first Health Canada licences to grow and sell commercial hemp, medical cannabis's sister plant (without tetrahydrocannibinol). An industry pioneer, he worked with the National Research Council to create applications for hemp fibre as well as turning the seed oil into food products. He later created his own multidisciplinary health care model that has operated for the last decade. In 2016, Mr. Hunter joined Canabo Medical Corp. as its national manager of educators and licensed producer relations, after which he significantly increased Canabo's revenue stream. He launched key research partnerships dealing with medical cannabis as an alternative treatment for numerous chronic illnesses as well as its quality of life improvement, socio-economic impact, pharmaceutical reduction and patient relief for specific chronic issues such as sleep, PTSD, cancer, arthritis, multiple sclerosis and epilepsy. He joined the Aleafia team as part its vertical integration with Canabo, and will continue to put his skills, knowledge and experience to excellent use as vice-president, business development.

About Aleafia Health Inc.

Aleafia Health is one of Canada's leading, vertically integrated medical cannabis companies with a unique patient-focused, medical cannabis health care solution. Led by a distinguished and experienced corporate leadership team, Aleafia Health is pioneering a patient-centric experience that includes personalized services before, during and after treatment. Aleafia's 22 cannabis clinics are staffed by licensed, practising physicians. Aleafia Health has realized sustained patient acquisition growth and retention, underscoring the success of Canada's first patient-centric cannabis-based health network.

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