Ethema Health Corporation (OTCQB: GRST), a provider of health care services, this morning announced that it has completed the first two deposits, totaling $700,000, on the purchase and sale agreement related to its acquisition of land and buildings that operate as a substance abuse treatment center in West Palm Beach, Florida. The company expects to finalize terms for the future use of the property in the next seven days. “We are very pleased with the level of interest the Company has received in the last few days since we first reported the transaction,” Shawn Leon, president and CEO of Ethema Health, stated in the news release. “Scientists, Doctors, researchers and collaborators have expressed their interest in working with the Company as it seeks to establish a center of excellence in the field of addiction treatment. It is a testament to the quality of the premises and the great potential it holds in hosting highly regarded professionals working together with us to improve upon the efficacy of our treatment and to conduct third party outcome studies. Further details of the acquisition will be reported in an 8k that will be filed this week.”
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About Ethema Health Corporation
Ethema Health Corporation (OTCQB: GRST) operates in the behavioral healthcare space specifically in the treatment of substance use disorders. Ethema developed a unique style of treatment over the last six years and has had much success with in-patient treatment for adults. Ethema will continue to develop world class programs and techniques with its expansion in the United States. The Company currently has under twenty employees and operates in Delray Beach, Florida. For more information you can visit our website at www.EthemaHealth.com
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