GreeneStone Signs Definitive Agreement to Acquire Seastone of Delray, a Florida Limited Liability CompanyGreenestone Signs Definitive Agreement • May 23rd, 2016 • Greenestone Healthcare Corp • Services-general medical & surgical hospitals, nec
TORONTO, ONTARIO – May 23, 2016 – GreeneStone Healthcare Corporation (OTCQB: GRST) (“GreeneStone” “GRST” or the “Company”), a provider of healthcare services including addiction and mental health, has agreed to acquire all of the assets of Seastone of Delray, LLC (“Seastone”). Seastone is a 32 bed facility operating a "Florida Model" addiction treatment program for men. The facility is Joint Commission Accredited and makes extensive use of the "Helping Men Recover" program designed by Dan Griffen which has a focus on trauma. The assets include all of the real estate used in the operation of the facility, consisting of a ten unit condominium complex and a two story commercial office building.
