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Empower Clinics Acquires Sun Valley Cannabis Network

Stockhouse Editorial
1 Comment| May 2, 2019

Empower Clinics Inc . (CSE: EPW, OTCQB: ADENF, Forum) announced on Thursday that it has acquired Sun Valley Certification Clinics Holdings LLC for cash and share consideration having an aggregate value of $5,160,376 (CAD). The Sun Valley network of medical cannabis and pain management practices, has a fully developed franchise business model for the domestic cannabis industry, with five clinics in Arizona, one clinic in Las Vegas, a tele-medicine platform serving California.

For more on this news, click here.

The Company recently entered into a definitive purchase and sale agreement with Aura Health Inc. (CSE: BUZZ) where Empower has acquired Aura’s indirectly-held U.S. cannabis assets.

FULL DISCLOSURE: Empower Clinics Inc. and Aura Health Inc. are clients of Stockhouse Publishing.

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