CB2 Insights '20/'21 Corporate Outlook

On October 6, Merida portfolio company CB2 Insights, one of the largest integrative healthcare systems in the United States, shared a corporate update and outlook on its growth for 2020 and 2021. CB2 owns and operates a proprietary virtual telehealth platform and a network of over 30 medical clinics across 12 states in the US, providing integrative, primary and urgent care services since 2017 to over 100,000 patients annually.

The company recently announced profitability in Q2 2020, free cash flow, and an oversubscribed private placement of $CAD 5.13 million, CB2 generated $CAD 14 million in 12-month trailing revenue from insurable and non-insurable services.

You can read more here about CB2's fast-growing customer base and revenue drivers.