Empower Clinics Bucks Cannabis Downfall With 137% Increase In Revenue, 211% Increase In Patient Visits

With 165,000 patients, Empower Clinics  (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical  cannabis and CBD company would kill for.  Add in the fact it is now on a  ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes  the kind of company small cap investors have been dying to find as they  watch pretender companies melt away.

But it doesn't end there.

The  Company's latest Q3 financials show that Empower is in full growth  mode, with substantial increases in revenue and patient visits, as well  as, big reductions in expenses.  Moreover, Company CEO Steven McAuley  says growth will continue full steam ahead in Q4, Q1 and beyond.

But it doesn't end there.

CBD  extraction has been a key element of the company's vertical  integration. Producing its' own hemp-derived CBD products for its own  massive patient list just makes sense. However, thanks to an LOI (moving  towards definitive agreement) to JV with extraction experts Heritage  Cannabis, the Company's 5,000 sq ft facility in Oregon is also planning  to serve big brand 3rd party partners in the USA .  Empower brings the  infrastructure, Heritage brings the expertise and balance sheet.  The  result is a match made in shareholder heaven with initial annual  capacity of 6,000 Kg at ~ $US 5,000 per Kg, which adds up to $US  30,000,000 in potential revenue.

We emphasize potential  because  nobody has started selling anything yet but the facility is expected to  begin producing soon.  However, with a built in patient database and  talks already having commenced for white label products, Empower is on  its way.  Moreover, "potential" cuts both ways, with capacity capable of  increasing 2x - 3x without much trouble given the size of the  facility.

Can Empower successfully execute its extraction plan?  It's a legitimate question, with a blow away answer.

The Company's new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under  the quality initiative of legendary GE chairman Jack Welch. We've never  seen a Six Sigma certified CEO in the Canadian small cap markets. Never  .... which also explains how McAuley has brought Empower to such  heights in just 11 months.

The cannabis market  is currently throwing away babies with the bathwater - but just as the  dot-com crash brought us massive riches through Web 2.0 companies that  were REAL, investors need to start looking for the REAL companies that  will survive and thrive.  With 165,000 patients, rapidly increasing  revenues, a franchise plan to grow clinics across America and a vertical  integration CBD extraction strategy to tie them all together, Empower  Clinics may be such a company.

Grab your favourite beverage and settle in to watch what may be your next great small cap investment.