DD for $LVT Levitee Labs Inc. ( $LVT.C $LVTTF ) is a mental health company that focuses on psychedelic medicines and therapies. The company has a strong M&A model, and controls several diverse wellness assets, mostly located in Alberta, Canada.
Currently their assets include five addiction clinics and three specialized pharmacies as well as a tech company. In sum, these branches of $LVT treat tens of thousands of Canadian patients with mental health issues, including addiction and chronic pain.
$LVT also has signed a letter of intent for a controlling interest in a compounding pharmacy in Calgary that has a focus on addiction.
In a recent update $LVT clarified that their acquisition strategy is to continue to acquire cash flow generating pain and addiction clinics and pharmacies.
Additionally, $LVT's tech company is developing a fully integrated at-home mental healthcare platform which will provide multidisciplinary care that includes alternative/psychedelic medicines.
LTV is trading at $0.38/share, MC $30.44 M
https://www.globenewswire.com/news-release/2021/10/28/2322720/0/en/Levitee-Clinics-and-Levitee-Pharmacies-Provide-Insight-on-Integrated-Acquisition-Strategy-for-its-Addiction-and-Pain-Services.html