Ethema Health: New Paradigm in Mental Health Treatment
Ethema Health Corporation (OTCQB: GRST) operates in the behavioral healthcare space, specifically in the treatment of substance-use disorders. The company has developed a unique treatment model that has shown to be highly effective at treating opioid addiction. Launched in 2011, Ethema plans to open and operate residential addiction treatment centers covering 1,000+ beds (Less than 1% market share) throughout the US and Canada over the next five years. Ethema currently operates a 7.5-acre, 168-bed, state-of-the-art campus facility in West Palm Beach, Florida. The company, through its wholly owned subsidiary, Addiction Recovery Institute of America (ARIA), signed an exclusive endorsement agreement with Duane “Dog” Chapman, star of WGN America’s Dog’s Most Wanted, in August 2019.