Empower Clinics Inc. | Corporate Presentation | February 2021
Body | Mind | Wellness
CSE: CBDT OTC: EPWCF. FRA: 8EC
Empowerclinics.com | 2
FORWARD LOOKING STATEMENT Body | Mind | Wellness
Certain statements contained in this presentation, including statements containing the words “may”, “proposed”, “intends”, “become”, “believes,” “plans,” “expects,” “anticipates,” and words of
similar import, constitute “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking statements in this presentation include, but are not limited to,
statements regarding: the vision of Empower Clinics Inc. (together with its subsidiaries, the “Company” or “Empower”); the expected effects of, and opportunities resulting from, the passing of the
Farm Bill on the CBD market; the Company's proposed acquisition of Sun Valley Clinics and of a CBD extraction facility; the expected method of distribution of the Company’s products; the
Company's proposed debenture financing; and any proposed equity financing. Forward-looking statements are only projections, based on assumptions known to management at this time, and
involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks related to: the Company's ability to continue to acquire patients at
its medical clinics and via its telemedicine platform; the Company's interpretation of activities permitted as a result of the passing of the Farm Act; enforcement action related to CBD products,
including by the United States Food and Drug Administration and state and local governments; competition from other clinics and cannabis processors; the Company's ability to obtain the financing
necessary to complete its proposed acquisitions and carry out its business plan; the Company’s ability to successfully complete the proposed acquisitions on the terms expected or at all, and
integrate any business it may acquire into its operations; legislative changes; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in
connection with any proposed transactions; other factors beyond the Company’s control; and other risks detailed in the Company's filings available under its SEDAR profile at www.sedar.com.
Given these uncertainties, undue reliance should not be placed on any forward-looking statements. The Company disclaims any obligation to update any forward-looking statements contained
herein to reflect future events or developments, except as required by applicable law. This document is solely for information purposes and is not to be construed as investment advice or as an
offer to sell or the solicitation of an offer to buy any security in any jurisdiction, including in the United States. This document and its contents are confidential and must not be copied or distributed,
in whole or in part, nor may its contents be disclosed by any person to any other person. Any party receiving and/or reviewing this material, in consideration therefor, agrees not to circumvent the
business proposals explicitly or implicitly contained herein in any manner, directly or indirectly. Further, any recipient hereof agrees to maintain all information received in the strictest confidence
and shall not disclose to any third parties any information material to the opportunity contained herein and, upon review hereof, agrees that any unauthorized disclosure by any party will result in
irreparable damage for which monetary damages would be difficult or impossible to accurately determine. Recipients recognize, and hereby agree, that the proprietary information disclosed herein
represents confidential and valuable proprietary information and, therefore, will not, without express prior written consent of the Company, disclose such information to any person, company,
entity or other third party, unless so doing would contravene governing law or regulations.
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Empower provides body and mind wellness for more than
200,000 patients through its clinics in the United States &
Canada, a telemedicine platform and a world-class medical
diagnostics laboratory in Texas.
Supported by an experienced leadership team, Empower is
aggressively growing its clinical and digital presence across
the US and Canada.
Our Health & Wellness and Diagnostics & Technology
business units are positioned to positively impact the
integrated health of our patients, while simultaneously
providing long term value for our shareholders.
We believe integrated healthcare
is where our patients have access
to the best of all worlds.
OUR PURPOSE Body | Mind | Wellness
A world where all people have access
to an integrated healthcare experience,
dealing with both prevention and
problems, combining body and mind
wellness, treating patients with both
alternative and conventional medicine.
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VISION FOR THE FUTURE Body | Mind | Wellness
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SUMMARY Body | Mind | Wellness
Traction and regulatory-
approved medical operations in
massive US market
Positioned to be a leader in
the integrated healthcare space
Experienced leadership team in
healthcare, finance, technology
and capital markets
Telemedicine and state of the
art technology layer
Offering innovative and rapid
COVID-19 testing solutions
Engaged in aggressive growth
of clinical and digital presence
across the US and Canada
Our mission is to create an integrated network
of physicians and practitioners who serve
patient needs, in-clinic, through telemedicine
and with decentralized mobile delivery.
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BUSINESS STRATEGY Body | Mind | Wellness
Health + Wellness
Through our clinics in the US, Canada and
telemedicine platform, Empower offers a
simplified healthcare model offering preventative,
diagnostic, and treatment services that always
focuses on patient experience.
Our physicians treat greater than 200,000 patients in
Oregon, Arizona, Washington State and Canada.
Empower is reshaping the model for patient-first integrated
healthcare and wellness by leveraging
our experience with clinic management, technology, quality
products, and paramedical expertise.
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BUSINESS STRATEGY Body | Mind | Wellness
Diagnostics + Technology
Empower launched innovative COVID-19
testing for the US market in early 2020 and is
ready to adapt to future and growing demands.
Leveraging both our KAI Medical Laboratory and Sun
Valley Health Clinics in the US, we are offering diagnostic
testing solutions to hospitals, medical clinics, pharmacies,
and employers.
Prior to and amplified with the current pandemic, Empower
has been active in using telemedicine technology and our
state-of-the-art electronic health records platform to best
serve our patients at our clinics or in their homes.
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BUSINESS STRATEGY Body | Mind | Wellness
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CLINICS & EXPANSION Body | Mind | Wellness
These transactions are the execution of an aggressive growth plan for
Empower’s clinical and digital presence throughout the US and Canada.
In May 2019, we acquired US-based Sun Valley Health which focused
Empower to be a leading integrated healthcare provider.
In addition to our existing clinics in the US, Empower completed its first
Canadian clinic acquisition in December 2020 that will lead to a rapid nationwide rollout.
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KAI LABORATORY Body | Mind | Wellness
The acquisition of Texas-based KAI
Medical Laboratory establishes the
science and research side of Empower.
Our lab offers a wide array of testing
services ranging from hematology to
hormone testing, endocrinology,
toxicology, and immunology through
its hospitals, medical clinics and
pharmacies.
Our High Complexity CLIA and COLA accredited lab
is active in COVID-19 testing, RT-PCR testing and
serology testing with the capacity to process 4,000
RT-PCR test specimens per day.
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KAI LABORATORY Body | Mind | Wellness
In 2020, Empower repurposed its
pre-existing diagnostic testing to
serve the massive demand for
national COVID testing in the US.
In partnership with Loop Insights Inc., Empower
provides a safe and viable economic recovery
solution for American companies.
Together, we have created a system built on the
pillars of:
• Venue Tracing
• Frequent testing with rapid results
• Real-time reporting to ensure the travel bubble
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COVID-19 TESTING Body | Mind | Wellness
provides end-to-end protection.
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RESEARCH AND DEVELOPMENT Body | Mind | Wellness
Demand for this novel test is high and will
be sold through partners serving the
public sector and the medical community
throughout North America.
KAI Medical Laboratory through its
scientists and researchers is developing
novel diagnostic and test protocols to
address the combination of COVID-19,
Influenza A and Influenza B.
The KAI Medical ABC PCR test
launched Q4 2020.
The tests are developed with the highest
of standards and meet CDC, Health
Canada and FDA guidelines for
distribution and sale.
KAI Medical completed clinical trials,
laboratory analysis and validation of the
API Pharma Rapid COVID-19 Antigen test
submitted to the FDA for approval for use
in the US and has submitted a Health
Canada application.
Kai Medical has developed a Saliva
PCR test for at home specimen collection
to detect COVID-19 and Influenza A/B with
end user comfort in mind.
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OUR TALENT Body | Mind | Wellness
Empower has a team of 75 purpose-
driven professionals with 60 dedicated to
exceptional healthcare service delivery.
Our leadership team has excelled in
diverse sectors including healthcare,
finance, technology and capital markets.
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OUR LEADERSHIP TEAM Body | Mind | Wellness
Dustin KleinBoard Member
SVP Business Development
• Co-Founder of Sun Valley Clinics
• Verizon (NYSE:VZ)
• Century Link (NYSE: LUMN)
An entrepreneur with two decades of
experience in emerging markets such
as wellness, telecommunications
and automotive.
Andrejs BunkseBoard Member
• CEO of Endurance Strategies Group
• General Counsel at Redflex Traffic
Systems (ASX:RDF)
• General Counsel at GameTech
International (NASDAQ: GMTC)
An attorney and entrepreneur with
decades of experience
guiding companies in heavily
regulated industries.
Steven McAuleyChairman of the Board of Directors
Chief Executive Officer
• CEO at Xpel Technologies (TSXV:DAP)
• SVP at Penske Automotive (NYSE:PAG)
• CEO at GE Capital Fleet Services UK
A successful leader with extensive
experience in technology, financial
services and capital markets.
Kyle ApplebyChief Financial Officer
• Red Light Holland CNSX: TRIP
• Bee Vectoring Technologies
CNSX: BEE
• GBLT Corporation CVE: GBLT
A financial executive with more than
20 years experience as CFO to
public and private companies
in a broad range of industries.
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OUR LEADERSHIP TEAM Body | Mind | Wellness
Yoshi TylerPresident of KAI Medical Laboratory
• Founder and CEO of Kai Medical
Laboratory
• Pfizer Inc. (NYSE: PFE)
• Founder and CEO of PMC,
Medical Billing
A pharmaceutical leader with
more than 13 years experience
at Fortune 500 firms.
Andrea KleinVP Operations
• Co-Founder of Sun Valley Clinics
• 20 years of medical practice executive
• 5 years of global business operations
An entrepreneurial operations leader
with experience in building young
companies and running multiple
wellness clinics across geographies.
Dr. Jordan Rabinowitz Chief Operations Officer
An experienced chiropractor,
acupuncture practitioner and
clinic director in the health and fitness
industry.
• Co-Founder Momentum Health Inc.
• Lawrence Park Health + Wellness Clinic Inc
• Canadian Memorial Chiropractic College
Dr. Aviv TsimermanChief Business Development Officer
A chiropractor and entrepreneur with
a commitment to treating patients as
a whole.
• Co-Founder Momentum Health Inc.
• Atkinson Rehab & Wellness
• Canadian Memorial Chiropractic College
Revenue GrowthEmpower has seen significant revenue growth over the past two years.
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FINANCIALS Body | Mind | Wellness
$2.03M
2019
$625K
+ 217%
Q2 | 2020
$790K
+ 416%
$923K
+ 56%$1.09M
2018 Q1 | 2020Q4 | 20192019
Q3 | 2020
$629K
+ 67%
Patient VisitsEmpower has seen significant increase in clients over the past two years.
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CLIENT GROWTH Body | Mind | Wellness
1H 2019 | 5,500 1H 2020 | 12,400
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COMPARABLES Body | Mind | Wellness
$7.46B
$229M
AmericanWell CorpNYSE: AMWL
32x
$36M
$1.40B
WELL Health Tech
TSE: WELL
39x
$12M
$527M
CloudMD
TSXV: DOC
44x$867M
$42.21B
TeledocHealth IncNYSE: TDOC
48x
$8M
$293M
EmpowerClinics Inc
CSE: CBDT
36xTTM
MARKET CAP
* As of February 16 | 2021
empowerclinics.com | 20
SHARE CAPITAL STRUCTURE Body | Mind | Wellness
Outstanding Shares 293,394,631
Warrants 46,793,373
Options 9,524,428
Fully Diluted 349,712,432
Market Capitalization $293M
* As of February 16 | 2021
Empowerclinics.com | 21
WHY WE WILL WIN Body | Mind | Wellness
Successful leadership team with high
growth companies in healthcare, technology
and public markets
Proven and government-approved
healthcare operations in US
Significant potential in the diagnostics/
COVID-19 testing market
Aggressive growth plan for clinical and
digital presence throughout North
America
Significantly undervalued relative to
peer companies $
High demand for telemedicine
platform due to COVID-19 environment