Ethema Signs Binding Asset Purchase Agreement for All of the Business Assets of Edgewater Recovery Center LLC

Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”), has signed a binding Asset Purchase Agreement (“APA”) to purchase the business operations and operational assets, excluding any real property of Edgewater Recovery Center, LLC (“ERC”) headquartered in Morehead Kentucky. ERC operates primarily in the urban areas of Morehead in eastern Kentucky and Paducah in western Kentucky. The current ERC patient census in Kentucky is approximately 195 patients which the Company believes, that with the conclusion of the binding APA, will increase dramatically in the near term.

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Source: https://www.prnewswire.com/news-releases/ethema-signs-binding-asset-purchase-agreement-for-all-of-the-business-assets-of-edgewater-recovery-center-llc-302283593.html

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