viewEmpower Clinics Inc.

Empower Clinics now selling Sun Valley Health franchises in US

The franchised clinics will offer a full range of CBD as well as health and wellness products

To drum up interest in its Sun Valley Health franchises, the company will hit the trade-show circuit this year and into 2020

Empower Clinics Inc (CSE:CBDT) announced Monday that it has started selling Sun Valley Health franchises in the US.

In May, the Vancouver-based cannabis operator acquired the Sun Valley Certification Clinics Holdings, which operates medical cannabis and pain management practices, with five clinics in Arizona, one in Las Vegas, a telemedicine platform serving California.

The combined group will boast 12 locations and have a total patient count of 165,000 across Washington, Oregon, Illinois, Arizona, Nevada and California.

Sun Valley also came with a fully developed franchise business model for the domestic cannabis industry believed to be a first in the US – which Empower is now rolling out.

READ: Empower closes acquisition of Sun Valley Clinics, creating one of the largest clinic groups in US medical cannabis sector

"Offering our years of experience in operating clinics to potential franchise partners across America is an exceptional growth opportunity for our company," said CEO Steven McAuley. "We have the opportunity to connect to exponentially more patients who can benefit from direct access to physicians that provide consultations on alternative treatment options."

Empower said that each company-owned clinic and all franchised clinics in its nationwide network will offer a full range of CBD products as well as health and wellness supplements to patients and customers.

To drum up interest in its Sun Valley Health franchises, the company will hit the trade-show circuit this year and into 2020. Its franchise sales team has already booked nine events around the US with the International Franchise Expo and the Cannabis Industry Marketplace Expo.

Empower is diversifying its business model to become a vertically integrated operator in the global cannabis sector with a focus on patient care, CBD product distribution, research & development and CBD product extraction.

Contact the author: [email protected]

Follow him on Twitter @PatrickMGraham

Quick facts: Empower Clinics Inc.

Price: 0.04 CAD

Market: CSE
Market Cap: $5.51 m

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on 12/19/2019

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