News Finally, Empower Clinics will put the relationship with the Kleins and falling value of the Sun Valley Clinics behind it. This is a strategic and financially responsible move by Steve ....and cuts the rope on the anchor it has become. It was a great move to acquire it ( the revenue generated was important to the growth of the company), it is an equally great move to divest it.
"This transaction will allow Empower to complete the divestment of its legacy cannabis assets and focus on its integrated healthcare vision", said Steven McAuley. "We also expect this divestment to allow Empower to engage with a different breadth of partners - such as banks, auditors and advertising companies - who had restrictions against engaging companies in the cannabis space".