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Premier Health Announces (OTC: PHGRF) (CSE: PHGI) Binding LOI to Acquire Two Operating Pharmacies in Metro Vancouver

Joe Samuel

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VANCOUVER , Jan. 24, 2019

-Pharmacies had combined revenue of approximately $6 million in fiscal year 2018 and are cash flow positive*
-Over 8,000 square feet of combined pharmacy square footage
-New medical clinic opportunity within larger pharmacy

Report: Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

/CNW/ – Premier Health Group (PHGI.CN) (PHGRF) (6PH.F) (the “Company” or “Premier Health”), a company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, announced today that it is moving forward with a binding Letter of Intent (“LOI”) to acquire two Metro Vancouver-based pharmacies. The pharmacies were cash flow positive and had combined annual revenue of over $6 million for the fiscal year ended May 31, 2018 .* Premier Health expects the acquisition to close in or about Q2 2019.

“We are very excited about this opportunity to acquire two well-run and profitable pharmacies. As part of our patient centric model, fill and fulfillment is a major component of our telemedicine app. We are also pleased to have the pharmacies’ key management team, with over 20 years’ experience managing pharmacies, come on board to continue running the operations. We look forward to working together to improve fulfilment for our rapidly growing patient base,” said Dr. Essam Hamza , CEO of Premier. “In addition, with one of the pharmacies occupying a space of over 6000 square feet, we have a potential opportunity for a brand-new medical clinic expansion.”

Under the terms of the LOI, in consideration for the pharmacies, Premier will assume the net liabilities of the pharmacies estimated at $2.5 million and pay to the vendors an estimated $4.05 million as follows: (i) $1.3 in cash, (ii) $2.5 million in common shares (“Consideration Shares”) of Premier, based on the volume weighted average trading price of the shares for the ten (10) days prior to execution of the definitive agreement (the “VWAP”), and (iii) $0.25 million in performance warrants of Premier, at a price per warrant equal to the VWAP. Each warrant will vest into one share without any payment on satisfaction of certain milestones. Each share issued on closing will be subject to certain contractual restrictions on trading for a period of up to twenty-two (22) months.

The acquisition is subject to various closing conditions, including execution of a definitive share purchase agreement, financing, receipt of any required exchange approvals and receipt of certain third-party consents.

On Behalf of The Board of Directors
“Dr. Essam Hamza , MD”
Chief Executive Officer

About Premier Health

Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global healthcare industry. We are developing innovative healthcare approaches that combine human skill-based expertise with emerging technologies, with the goal of setting the gold standard for services in locations of interest worldwide. Premier Health’s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have an ecosystem of over 100,000 active patients and have plans to rapidly increase that number both domestically and internationally. The HealthVue team has a strong track record of successfully creating value in healthcare and technology enterprises. The Management team has deep clinical, financial and operational expertise and a passion for improving healthcare for all patients.

* Based on the unaudited financial statements of the pharmacies for the fiscal years ended May 31, 2018 .

Cautionary Statements

This news release contains forward-looking statements that are based on Premier Health’s expectations, estimates and projections regarding its business and the economic environment in which it operates, including with respect to receipt of exchange approval and third-party consents, the availability of financing on terms acceptable to Premier Health, the closing of the acquisition, and the expected timing thereof, and Premier Health’s expectations regarding business expansion opportunities and the current management team. Although Premier Health believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. These forward-looking statements speak only as of the date on which they are made, and Premier Health undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

SOURCE Premier Health Group Inc.

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Cannabis

Driven Deliveries, Inc. (DRVD) Announces Partnership with Leading Cannabis Technology Platform, BLAZE™

A. Lawrence

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stock_price_weed

Partnership will allow for additional oversight and compliance

SAN DIEGO, April 25, 2019 (GLOBE NEWSWIRE) — Driven Deliveries, Inc., (DRVD), the world’s first and only publicly traded cannabis delivery company, announced today that they have partnered with BLAZE Inc., a leading compliance technology platform in the cannabis industry, to provide a full-service tech platform for advertising, point-of-sale, customer interfacing and more.  BLAZE™ has over 100 clients in 4 states and will be working with Driven for cross referral opportunities for both businesses.

Report: Two Massive Growth Industries, One Choice for Investors

BLAZE™ is a purpose built cannabis ERP system that enables all operators in the supply chain (Cultivation, Manufacturing, Distribution, Retail and Delivery) to maintain compliance, increase sales and productivity, improve customer retention, and enhance service quality instantly.  For more information, please visit; www . blaze . me

“Management is extremely pleased to announce this strategic partnership with BLAZE Inc., which will allow us better controls over our emerging legal cannabis delivery platform,” stated Mr. Chris Boudreau, Chief Executive Officer of Driven.  “We are extremely pleased to be partnering with such a respected name in the rapidly growing legal cannabis marketplace.  Driven is confident that our best-in-class delivery services dovetail perfectly with BLAZE’s renowned point-of-sale services and financial management tools.”

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

About Driven
Driven Deliveries, Inc. is the only publicly traded cannabis delivery service operating within the United States.  Founded by experienced technology and cannabis executives, The Company provides on-demand marijuana delivery, in select cities where allowed by law.  Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner.  By 2020, legal cannabis revenue in the U.S. market is projected to hit $23 billion.  In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector.  For more information, please visit https://GoDriven . com/ and review Driven’s filings with the U.S. Securities and Exchange Commission.

Contact
Chris Boudreau, CEO
1 (888) 322-4449
IR@GoDriven . com 
www . GoDriven . com 

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Featured

Stock Price Wednesday Morning Update – April 24, 2019

Joe Samuel

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Premier Health (PHGRF) (PHGI) to Pilot Bio Conscious Technologies AI Powered Remote Patient Monitoring Tool

VANCOUVER, British Columbia, April 24, 2019 (GLOBE NEWSWIRE) — Premier Health Group (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, is pleased to announce it is working on a research pilot study with Bio Conscious Technologies (BCT) to deliver their artificial intelligence (AI) powered technology to Premier Health’s patient base. Click To See Full Release Here.

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Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. Midam was hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 (CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). Midam has been compensated an additional $100,000 by Premier Health Group to extend the period of coverage to June 1, 2019. As of 3/26/2019 Midam has been compensated an additional $100,000 by Premier Health Group for additional coverage without further extended coverage duration. We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. FULL DISCLAIMER HERE

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Cannabis

Premier Health (PHGRF) (PHGI) to Pilot Bio Conscious Technologies AI Powered Remote Patient Monitoring Tool

Jon Phillip

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stock_price_health

VANCOUVER, British Columbia, April 24, 2019 (GLOBE NEWSWIRE) — Premier Health Group (CSE: PHGI, OTCQB: PHGRF, Frankfurt: 6PH) (the “Company” or “Premier Health”), a Company focused on developing innovative approaches that combine human skill-based expertise with emerging technologies for the healthcare industry, is pleased to announce it is working on a research pilot study with Bio Conscious Technologies (BCT) to deliver their artificial intelligence (AI) powered technology to Premier Health’s patient base.

Premier Health is focused on integrating clinical decision support (CDS) tools into their Juno Electronic Medical Records (EMR) software and patient app as a chief ingredient in improving patient care. Once embedded into the Company’s EMR and app, these analytical tools offer a process for enhancing health-related decisions and actions with pertinent, organized clinical knowledge and patient information to improve health and health care delivery. BCT’s proprietary AI technology, the Diabits Prediction Engine, will provide patients and care providers improved monitoring of chronic disease progression and management of chronic conditions, such as diabetes.

Multi-Trillion Dollar Industry Providing Massive Opportunity in 2019 & Beyond

The research pilot will use data from patients who are using the app and sign up for the study. The data used will include sugar levels, heart rate, blood pressure, age, sex and weight – much of which is collected from the integration of the patient’s health monitoring devices such as their smartwatch. The Diabits tool will then tailor a personalized blood sugar model which the patient can use to guide their nutrition and exercise plan.

With this collaboration, a diabetic patient’s blood sugar fluctuations, heart rate, and step count will be captured and used to guide behaviour. Using AI, Diabits quickly learns the patient’s unique physiology and predicts when their blood sugar will rise, or fall based on behavioural patterns. Thus, patients can make more informed decisions. By leveraging the monitoring platform, Juno EMR and BCT’s tools, physicians will soon be able to better engage with patients to improve their glucose control and long-term health.

We are excited to finally be able to utilize data that was previously lost,” said Dr. Essam Hamza, CEO of Premier Health. “We hope to keep patients engaged throughout the day, making them the center of their care. We are confident as we empower patients to regularly use our smart and integrated app, they will have better health outcomes. Our research pilot with BCT is just one of many we have planned in the near future in the hopes of providing leading edge, innovative care to our patients.”

ON BEHALF OF THE BOARD OF DIRECTORS

“Dr. Essam Hamza, MD”
Chief Executive Officer

About Premier Health

Premier Health is a Canadian company that is strategically poised to take advantage of business opportunities in the global health care industry. We are focused on innovative health care approaches that combine human skill-based expertise with emerging technologies. Premier Health, in conjunction with its subsidiary Cloud Practice, a cloud-based SAAS Electronic Medical Records software company, is developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence (AI). We currently have a combined ecosystem of 290 clinics, over 3000 licensed practitioners and almost 3 million registered patients. The Premier Health team has deep clinical, operational and financial expertise and a passion for improving healthcare for all patients.

About Bio Conscious Technologies

Bio Conscious Technologies is a health analytics company. Their mission is to enable patients and care providers to better understand and treat diseases using intelligent analytics. Their app, Diabits, allows diabetic users to manage their health without stress. Their multivariate algorithm learns an individual user’s physiology and predicts where their blood sugar will trend over time based on their behavior and activity. With Diabits, users have more glucose control, less Hypo and Hyperglycemia episodes, and better long-term health outcomes.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

FOR ADDITIONAL INFORMATION CONTACT:

Premier Health Group Inc.
www.mypremierhealth.com
Email: investors@mypremierhealth.com

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