Agoracom Blog

VIDEO – Empower Clinics $ Grows Revenue 416% To $USD 790,000 In Q1 – BEFORE COVID-19 Revenues Commenced In Q2 $ $CGC $ACB $APH $ $

Posted by AGORACOM-JC at 5:36 PM on Wednesday, July 29th, 2020

Sometimes, you just have to let the numbers speak for themselves.  With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for …

but then these numbers came in for:   2019 – Year Ended DEC 31, 2019 Q4 – Quarter Ended DEC 31, 2019 Q1 – Quarter Ended MAR 31, 2020  

Patient Visits

  • 2019 +110% To 15,900
  • Q4 + 251% To 4,616

Revenues $USD

  • 2019 + 86% To $2.03M
  • Q4 + 217% To $625,000
  • Q1 + 416% To $790,000  (PRE COVID REVENUES COMMENCING Q2)  

Do you see a trend?   

We can’t wait for Q2 numbers (April, May, June) because we already know patient visits for April alone were up over 870%.   

Looking even further forward into Q3 (July, August, September), we already know that July patient visits are going to set a record.    

Though CBDT had a very short cease trade order due to the delay in getting these financials filed…. the wait was clearly worth it, as was this interview with CEO, Steven McAuley,  who is Six Sigma certified under the quality initiative of legendary GE (General Electric) Chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history and turn it into significant growth.  

Watch this interview or listen by Podcast on AppleGoogleSpotify or your favourite podcaster.

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