Thanks for the pointer - doing a bit of research now. 5550 refers to 'Continued Listing Requirements'. 5505 refers to the 'Initial Listing'. 5505(a)(1)(A) says $4 per share. If below $4 there's an alternative to be listed as a Penny Stock.
There's a shareholder meeting December 6. We could go to that to get more information and to vote. It's great that Aleafia is providing so much information and is giving us a chance to vote.