Medical cannabis clinics owner-operator Empower Clinics opened a flagship Chicago clinic earlier this month. “Chicago’s opening marked the beginning of our national clinic expansion strategy via a combination of organic growth and accretive acquisitions,” says Craig Snyder, Empower CEO, in a release. “As we build upon our clinic expansion strategy we will concurrently execute on our product strategy, leveraging our extensive medical patient base. We look forward to updating the market in due course on our medically focused THC and CBD branded products, Sollievo, through licensing and distribution agreements.”
As of August 31, the company has more than 25,000 patients under care with medical cannabis treatments in Oregon and Washington. The company has an historical patient database of more than 120,000 in the two states.
Empower’s CBD Sollievo products, soon to launch nationally, specifically target the most common qualifying medical conditions, involving pain, sleep, stress, and digestion. Empower’s CBD products are non-THC CBD.
Snyder says, “We have a very strong team and board of directors to assist and execute on these plans. Our Board includes some of the most respected names in their respective industries, with Peter McDonough, the former President of Diageo North America; Lorne Gertner, founder of Tokyo Smoke and the Cronos Group; Dan Ballister of Smoke Hall Foods; and Paul Uhlir. CEO of one of the largest digital marketing agencies in the Pacific Northwest.”
According to Snyder, the company remains excited about current market opportunities at-hand and intends to continue to update the market in due course as it executes upon its strategic initiatives.