Ethema Health Corporation (OTCPK:GRST) agreed to acquire 75% stake in Addiction Treatment Facility in West Palm Beach, Florida from Evernia Health Center LLC in January, 2020. Ethema Health Corporation has secured term sheets of $0.33 million from two of its existing lenders to finance the acquisition and operation of new addiction treatment facility. The acquisition is scheduled to close immediately after closing the new financing. On July 1, 2020, Ethema did close on the balance of a $0.22 million financing with Leonite Capital Inc., which will pave the way to complete the acquisition of the company that will give Ethema a new treatment center location in West Palm Beach, Florida. The transaction is expected to close in the next week. As of June 23, 2021, Department of Children and Families of Florida approved the acquisition. Ethema Health Corporation (OTCPK:GRST) completed the acquisition of 75% stake in Addiction Treatment Facility in West Palm Beach, Florida from Evernia Health Center LLC on July 1, 2021. ARIA will generate approximately $1.8 million in revenue for the second half of 2021 based on current run rates. The Company will be looking to expand revenues for ARIA through expansion of the current facilities.