Pathway Health Corp V.COLS.P

LOI to Acquire Assets of National Cannabinoid Clinic

[Betteryear2]

TORONTO, March 4, 2022 /CNW/ - Pathway Health Corp. (TSXV: PHC) (Frankfurt: KL1) (formerly Colson Capital Corp.) ("Pathway" or the "Company"), an integrated healthcare company that provides products and services to patients suffering from chronic pain and related conditions, announces that it has entered into a Letter of Intent (the "LOI") to acquire the operating assets of National Cannabinoid Clinics Inc. ("NCC").  The acquisition of NCC's operating assets adds approximately 1,500 active patients to the Company's existing base and continues to expand the Company's telemedicine footprint in Canada. Management expects to close the transaction in the second quarter of the fiscal 2022.