Aleafia Health Inc. Named Geoffrey M. Benic as CEO

Published: June 28, 2018

Aleafia Health Inc. Named Geoffrey M. Benic as CEO

The Board of Directors of Aleafia Health Inc. has appointed Geoffrey M. Benic as its new CEO. Benic has overseen significant growth at several entrepreneurial companies with his organizational, logistical and team-building expertise.

The Hon. Julian Fantino will continue to serve as Chairman of the Board of Directors. Raf Souccar will also continue to serve actively on the Board of Directors. Souccar and Fantino, who step aside as CEO and Executive Chairman respectively, will continue to work closely with Benic to expand on Aleafia’s many cultivation, clinical and patient assets and move the company forward into a leadership position in the Canadian Medicinal Cannabis market.

Widely known for his role in helping to create and build the iconic Grocery Gateway brand, Benic’s career has been characterized by success in many highly demanding environments. Previously regional director of United Parcel Service Canada, one of the world’s most rigorous and demanding global logistics entities, Benic moved on to be an initial Grocery Gateway employee and General Manager. From October 2004 until June 2018, Benic was the founder and chairman of Sofilia Logistics Group Inc., a leading National Delivery Logistics Service, where he followed a vertical integration growth strategy and successfully acquired and integrated mid-market businesses. His capital-raising abilities have been significant and include several mergers and acquisitions and eventual sales to larger companies.

“Geoff Benic possesses all the skills that will enhance and maximize Aleafia’s next growth phase, and build on its success combining 22 clinics, over 50,000 patients assessed since inception and two cannabis production facilities into an integrated organization, with an annual fully funded production capacity of 38,000 kg per year of cannabis flower,” commented Fantino.

“His demonstrated capabilities and track record are perfect for Aleafia’s next growth phase, which will include the development of new proprietary products, such as cannabis oils, while deploying its net cash position of $30 million. He is an outstanding choice to help Aleafia reach new heights, after its strong start up, merger with Canabo and entry to the public markets,” added Souccar.

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