CB2 Insights (CSE:CBII; OTCQB: CBIIF) (“CB2” or the “Company”), has announced that it has completed the terms of the purchase agreement of Colorado-based Rae of Sunshine Health Services (“ROSH”; “Relaxed Clarity”). CB2 announced the purchase and took over operations for the multi-location clinic group in April 2019. The Company, which already represents one of the largest networks of medical centres specializing in medical cannabis therapy in the United States, is only further strengthened by the addition of 11K patients throughout 2019 derived from Relaxed Clarity. “Our clinic activity in Colorado, which includes both Relaxed Clarity and MedEval have added a significant amount of strength to our business over the past year, and have surpassed initial targets forecasted for the state with proven growth already within the first quarter of 2020,” said Prad Sekar, CEO, CB2 Insights.
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Source: https://www.globenewswire.com/news-release/2020/04/20/2018913/0/en/CB2-Insights-Completes-Purchase-of-Colorado-based-Relaxed-Clarity-with-Surpassed-Initial-Targets-and-Provides-Additional-Corporate-Updates.html