THC Global Ltd

3 weeks ago

THC Global acquires leading clinic network Tetra Health, a leading clinic network in Australia that facilitates Australian
patients’ access to legal medicinal cannabis
• Tetra’s network of medical practitioners comprises over 600 referring physicians, 30 prescribing physicians and a national network of dispensing pharmacies
• Tetra has over 1,100 active Australian patients and more than 10,000 prospective patients
• Tetra generates revenue primarily from patient consultation fees and from the supply of de-identified data and evidence generated from patient management
• Post-acquisition, Tetra will pursue a number of growth plans including expanding its current network of partnerships with private hospitals and medical centres in Australia and exploring the potential to launch in new regions including New Zealand
THC Global Group CEO Ken Charteris said:
“We are very pleased to have acquired Tetra Health. Through this acquisition, we will be able to rapidly increase the number of Australian patients can access cannabis, including our own high-quality low patient cost products."
Full announcement here:
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