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Vivo Cannabis Inc
Symbol VIVO
Shares Issued 290,593,367
Close 2018-10-22 C$ 1.01
Market Cap C$ 293,499,301
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Vivo unit to use Think Research's health care programs

2018-10-23 07:59 ET - News Release

Mr. Shekhar Parmar reports

HARVEST MEDICINE SIGNS AGREEMENT WITH THINK RESEARCH TO IMPROVE COORDINATION OF MEDICAL CANNABIS CARE

Vivo Cannabis Inc.'s wholly owned subsidiary, Harvest Medicine Inc., has signed an agreement with Think Research, a leading digital health care platform provider, to bring innovative digital health care solutions to its national medical cannabis care and education platform. Harvest Medicine is the first medical cannabis care network to leverage this innovative technology.

"Our vision is to transform the medical cannabis experience for patients and physicians and be recognized as the trusted leader in medical cannabis care across the country," stated Shekhar Parmar, chief executive officer of Harvest Medicine. "Leveraging Think Research's innovative digital health care solutions is a key part of our expansion strategy in Ontario. This will dramatically improve our ability to partner with the medical community and seamlessly co-ordinate care, resulting in a superior experience for patients seeking medical cannabis."

The innovative solution, delivered by Think Research, combines several technologies which allow for enhanced communication and connections between family physicians, medical cannabis specialists and patients. Further, a clinical decision support tool for use at the point of care will facilitate individualized patient screenings to help standardize clinical decisions based on the best evidence for appropriate care.

"For the past decade, we've focused on translating evidence-based research into practical tools that help clinicians at the point of care. We're excited to help bring clinical best practices to this new and rapidly evolving healthcare segment," said Sachin Aggarwal, chief executive officer of Think Research.

"We have built our reputation as a leader in the industry by listening to the needs of our patients and medical community partners and delivering a truly patient-centric and education-focused service," said Mr. Parmar. "The adoption of these technology solutions will strengthen our model by streamlining the referral process to us and ensuring our physicians have the tools at their fingertips to drive high-quality clinical decision making for medical cannabis care."

With the recent completed acquisition of Trauma Healing Centres, a multidisciplinary clinic network in Eastern Canada, Harvest Medicine now has six physical locations across four provinces. Earlier this month Harvest Medicine also announced the imminent launch of a free, custom-built, user-friendly, multimedia-rich telemedicine platform that allows patients to conveniently access medical-cannabis-prescribing health care professionals and receive best-in-class education from the comfort of their homes via mobile phone, tablet or computer. As part of a national expansion strategy, Harvest Medicine will continue to leverage their physical locations and the soon-to-be-released telemedicine platform to develop new strategic partnerships so more Canadians have access to their patient-centric approach and can experience the therapeutic benefits of medical cannabis.

About Harvest Medicine

Harvest Medicine (HMED) is an education-focused, patient-centric, network of specialty medical cannabis clinics where patients receive best-in-class education, care, advance and follow-up support as they approach cannabinoid-based medicine. Growing to six locations in four provinces, aided by a recent acquisition of Trauma Healing Centres, and amassing over 22,000 active patients in under 21 months, HMED is one of Canada's most successful and fastest-growing cannabis clinic networks. Earlier this year HMED was acquired by Vivo Cannabis. With the additional capital backing of Vivo, and the imminent launch of a custom-built telemedicine platform, HMED is poised to aggressively expand its effective and highly scalable model across the country.

About Vivo Cannabis Inc.

Vivo, based in Napanee, Ont., is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. Vivo has a collection of premium brands targeting unique customer segments, including Beacon Medical, Fireside, Canna Farms and Lumina. Vivo has a healthy balance sheet with approximately $100-million in cash and is well positioned to accelerate the growth of its business in Canada and internationally.

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