Canabo Medical Inc. (
TSX: V. CMM,
OTCQB: CAMDF,
Forum) today provided an update on the status of its new clinics. The update also includes information on CMC training and processes with partner clinics and new patient totals for Q1. In addition, the Company has announced that it will co-author a 2017 observational study.
Canabo has opened two new clinics in its first quarter of operations for this fiscal year. The locations are Kingston, Ontario and Moncton, New Brunswick. The Company anticipates opening additional clinics in new provinces. Also in Q1, Canabo expects to add a total of 2,600 new patients, further expanding its extensive database of medicinal marijuana patients. Further information can be found
here.
Canabo was recently in the news earlier this month when it announced the
opening of its Kingston and Moncton clinics.
The Company has 36 million shares outstanding and a market cap of $25.6 million.
FULL DISCLOSURE: Canabo Medical Inc. is a paid client of Stockhouse Publishing.