Premier Health Group to Expand Scope of Practice by Launching a Cannabis Clinic for Patients
November 15 2018 - 3:05AM
Premier Health Group (
CSE: PHGI, OTCQB: PHGRF, Frankfurt:
6PH) (the “
Company” or “
Premier
Health”), a Company focused on developing innovative
approaches that combine human skill based expertise with emerging
technologies for the healthcare industry, is pleased to announce
that as a part of its expansion plans, Premier Health will enter
the Cannabis clinic space by a series of acquisitions, partnerships
and/or launching a new Canada-based chain in the first half of
2019.
"The role of Cannabis in treating medical conditions is
continuously expanding. Our doctors have had success treating their
patients with various ailments from chronic pain to cancer related
symptoms. Unfortunately, there is a gap between the patient's need
for medical marijuana, and the family doctor's comfort and
knowledge to prescribe it. We are looking to fill that gap with
various forms of clinics and services to help our patients and
healthcare workers" said Dr. Essam Hamza, Chief Executive Officer
of Premier Health.
"Cannabis clinics fit in perfectly with our existing
Telemedicine services and comprehensive app plans. The patient will
not only be able to see their family doctor with our app, but also
connect with their Cannabis clinic healthcare worker, the education
nurse and eventually even the pharmacy or LP that is providing the
prescription. This team based and encompassing approach will
provide the best and most convenient care for our patients"
The Canadian medical cannabis clinic market is estimated to be
worth approximately $2.35 billion by 2025.
The Company expects to provide additional updates on
acquisitions in Q4-18 and Q1-19.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Essam Hamza, MD"Chief Executive Officer
About Premier Health
Premier Health is a Canadian company that is
strategically poised to take advantage of business opportunities in
the global health care industry. We are developing innovative
health care approaches that combine human skill based expertise
with emerging technologies, and will set the gold standard for
services in locations of interest worldwide. Premier Health’s
subsidiary, HealthVue is focused on developing proprietary
technology to deliver quality healthcare through the combination of
connected primary care clinics with telemedicine and artificial
intelligence (AI). We currently have an ecosystem of over 100,000
active patients and have plans to rapidly increase that number both
domestically and internationally. The HealthVue team has a strong
track record of successfully creating value in healthcare and
technology enterprises. The Management team has deep clinical,
financial and operational expertise and a passion for improving
healthcare for all patients.
Cautionary Statements
This news release contains forward-looking
statements that are based on Premier Health's expectations,
estimates and projections regarding its business and the economic
environment in which it operates, including with respect to the
implementation of its shareholder communications initiative and the
timing thereof. Although Premier Health believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and
results may differ materially from those expressed in these
forward-looking statements and readers should not place undue
reliance on such statements. These forward-looking statements speak
only as of the date on which they are made, and Premier Health
undertakes no obligation to update them publicly to reflect new
information or the occurrence of future events or circumstances,
unless otherwise required to do so by law.
The Canadian Securities Exchange does not accept
responsibility for the adequacy or accuracy of this release.
FOR ADDITIONAL INFORMATION CONTACT:
Premier Health Group Inc.www.healthvue.com Email:
investors@healthvue.com
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