Empower Clinics Inc.

CSE: CBDT, OTC: EPWCF

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Company Overview

Empower Clinics owns and operates a network of physician staffed medical clinics that treat more than 165,000 patients across Oregon, Arizona and through telemedicine.

With a 5,000 sq. ft. production facility in Oregon, the company also manufactures premium health and wellness products in clinics, online and through franchisees. The company's Sollievo CBD line targets chronic pain, insomnia, anxiety, digestion, sleep disorders and other medical conditions while its facility is capable of producing 6,000 kg per year of hemp-derived CBD distillate or isolate for gel caps, tinctures and vape cartridges.

The company recently created a subsidiary focused on psilocybin research and psychedelics therapy. Leveraging its existing clinic network and potentially its extraction facility, the company aims to bring new treatment options to people suffering from mental health issues like anxiety, depression, addiction and PTSD.

Investment Highlights


  • 165,000 patients with multi-state footprint and direct marketing
  • Dosed Wellness - a psychedelics brand supporting mental health
  • CBD product stores in every wellness clinic and online
  • Proprietary product IP for global distribution
  • Vertical integration controls supply chain with increased margins
  • CBD extraction Facility producing distillate and isolate
  • Product manufacturing producing gel caps, tinctures, vapes and topicals

Financial Highlights

$5,893,094

Revenue (ttm)

$2,015,636

Gross Profit (ttm)

-$0.21

Diluted EPS (ttm)

Management Team

Mr. Steven J. McAuley
Pres, Chairman & CEO

Mr. Kyle Michael Appleby C.A., CPA, CA, CPA
Chief Financial Officer

Ms. Andrea Klein
VP of Operations

Dr. Jordan Rabinowitz
Chief Operations Officer

Ms. Yoshi Tyler
Pres of Kai Medical Laboratory & Director

Dr. Aviv Tsimerman
Chief Bus. Devel. Officer

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Key Highlights

Market Capitalization
$51,101,483

Shares Outstanding
147,149,305

Shares Short (% of Float)
657,114 (0%)

Insider Ownership
7%