CloudMD Software and Services Inc (fka DOCRF)

[MagnumStocks]

Building from the ground up can be difficult in today’s climate and knowing this, other companies are making a play at mergers and acquisitions to up the ante on patient exposure for medical cannabis. Premier Health Group (OTC: PHGRF) (CSE: PHGI) for instance, has taken this approach. Earlier this year the company acquired HealthVue. With this acquisition, Premier was able to instantly enter the primary care clinic and potentially lucrative healthcare technology business.

HealthVue is a group of four Greater Vancouver based fully integrated, paperless and electronic medical record based medical clinics with a 10-year history, 22 healthcare professionals and over 100,000 active patients. Further to this, Premier Health Group (OTC: PHGRF) (CSE: PHGI) has gone steps further. First, Premier signed a binding Letter of Intent to acquire a Vancouver, British Columbia based pharmacy. The Company expects the acquisition to close in or about Q1-19. To add to this, Premier signed a binding LOI to acquire all of the outstanding securities of Cloud Practice Inc.