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BREAKING: Empower Clinics Announces Joint Venture with Heritage Cannabis for the Production of Hemp Derived CBD Oils and Formulated Products in Oregon USA

  • Heritage, via its wholly owned subsidiary Purefarma Solutions Inc., will install extraction units and related downstream extraction equipment inside Empower’s existing 5,000 sq. ft. licenced hemp processing facility in Sandy, OR.
  • JV will be equally funded by both companies with Heritage investing an initial $500,000 for start-up funds, as the build out completes and the JV secures high quality hemp supply from local growers
  • Once operational, the JV will begin producing proprietary branded products for Empower’s corporately owned physician staffed health clinics in Washington State, Oregon, Nevada and Arizona

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Message: Received a response....

KOO - That is why I said to ignore that page 8 table as we know that by April 30th, they had not paid anything on the Q4 PP. It will stay moot until they announce that they have paid it.

I will be very surprised if they answer your query below as it would be telling you something that has not been released publicly. All they have released is that they had not paid it by April 30th.

KOO query to IR:

"So, therefore, no funds from the Q4 PP were passed on to 3rd Eye to reduce the loan? As such, the company made full use of April 1, 2019 (Q4 PP) in the amount of $11.3 Mil US for its operations. Is  this correct?"

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