Updated DD for LVT Levitee Labs Inc. ( $LVT.C $LVTTF ) is a wellness-focused psychedelic medicines and therapies company. The company has a strong M&A model, therefore, controlling several diverse wellness assets.
Most of these assets are located in Alberta, Canada and they include:
- five addiction clinics
- three specialized pharmacies
- as well as a tech company.
All together $LVT's branches treat tens of thousands of patients with mental illness, addiction and chronic pain.
Early this fall $LVT signed an LOI to acquire a controlling interest in a Calgary-based compounding pharmacy with a focus on the treatment of addiction. More recently, the company signed an LOI to acquire 100% interest in a chain of specialty addiction pharmacies in Vancouver, BC.
I am expecting that these deals should go through fairly soon after which will increase $LVT's total number of patients treated as well as gross revenue.
LVT closed stable today at 0.35
https://ca.finance.yahoo.com/news/levitee-labs-signs-letter-intent-130000873.html