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Empower Announces Filing of Amended Business Acquistion Report

VANCOUVER , July 17, 2019 /CNW/ - EMPOWER CLINICS INC. (CBDT.CN) ( Frankfurt 8EC) (EPWCF) ("Empower" or the "Company") today announced that it has filed an amended business acquisition report dated July 17, 2019 (the "Amended BAR"), relating to the acquisition of Sun Valley Certification Clinics Holdings, LLC (the "Sun Valley Acquisition"). The Amended BAR replaces and supersedes the previous business acquisition report of Empower filed on July 15, 2019 (the "Original BAR").

Empower Clinics Inc. (CNW Group/Empower Clinics Inc.)

The amendment is to correct the Empower statement of loss and comprehensive loss which previously included the three months ended March 31, 2019 rather than the year ended December 31, 2018 .

The Amended BAR includes a revised pro forma consolidated statement of loss and comprehensive loss for the year ended December 31, 2018 and three months ended March 31, 2019 that gives effect to the Sun Valley Acquisition as if it had occurred on January 1, 2018 .

The Amended BAR can be viewed on SEDAR at www.sedar.com.

ABOUT EMPOWER

Empower is a leading multi-state operator of a network of physician-staffed clinics focused on helping patients improve and protect their health through innovative physician recommended treatment options. Operating as a vertically-integrated health & wellness brand with it's first hemp-derived CBD extraction facility under development, the Company can produce and package its proprietary line of cannabidiol (CBD) based products and distribute through company owned and franchised clinics, with wholesale partnerships, online and with retailers nationwide.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

SOURCE Empower Clinics Inc.


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