Revitalist Signs its 9th Clinic Lease in Jacksonville, Florida

Rhea-AI Summary

Revitalist Lifestyle and Wellness Ltd. has signed a lease for its ninth psychedelic assisted psychotherapy clinic in Jacksonville, Florida, expanding its capacity to 60,657 square feet and 121 treatment rooms across multiple states. The 6,865-square-foot clinic will feature 12 infusion rooms and is expected to open by December 31, 2021. Revitalist aims to address the mental health crisis, with a reported 9.5% of American adults facing depressive illnesses annually. This addition reflects Revitalist's ongoing commitment to providing innovative mental health treatments.

Positive

• Expansion to the Jacksonville market adds the ninth clinic and signifies strong growth.
• Increased capacity to provide over 12,480 ketamine infusions annually.
• Demonstrates commitment to addressing mental health issues in the U.S.

Negative

• None.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- REVITALIST LIFESTYLE AND WELLNESS LTD. (“Revitalist” or the “Company”) (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) is pleased to formally announce it has signed a lease for its 9th psychedelic assisted psychotherapy (“PAP”) clinic located at 6871 Belfort Oaks Place, Jacksonville, Florida.

The Jacksonville location will offer 6,865 square feet of space and 12 infusion rooms. The Jacksonville clinic is expected to open before December 31, 2021 and offer Revitalist’s full suite of treatments including IV ketamine infusions, vitamin infusions, medication infusions, intensive outpatient programs, ketamine assisted psychotherapy, Spravato, telemedicine therapy sessions and transcranial magnetic stimulation. With 12 treatment rooms, the clinic can provide over 12,480 ketamine infusions to patients annually.

The addition of the Jacksonville lease marks the ninth Revitalist clinic which will increase the total capacity at Revitalist to 60,657 square feet and 121 treatment rooms detailed below.

Location	Opening Date	Size (Sq Ft)	Clinic Capacity for Treatment Rooms (1)
Knoxville, Tennessee	Feb-18	5,380	12
Johnson City, Tennessee	May-21	11,000	22
Chattanooga, Tennessee	May-21	9,995	20
Louisville, Kentucky	Jun-21	7,520	14
Raleigh, North Carolina	Sep-21	6,540	14
Knoxville, Tennessee (2nd location)	Nov-21	3,500	7
Novi, Michigan	Nov-21	3,765	10
Jacksonville, Florida	Q4 2021	6,865	12
Bethesda, Maryland	Q4 2021	6,092	10
Total		60,657	121
1 Estimated based on square footage available in each clinic

Kathryn Walker, CEO, commented, “This facility will represent our eighth clinic operating in six different states. Johns Hopkins Medicine reports that mental health disorders account for several of the top causes of disability in established market economies, such as the U.S., and worldwide. Approximately 9.5% of American adults ages 18 and over, will suffer from a depressive illness each year. With eight clinics and counting, Revitalist expects to help combat this issue.”

ABOUT REVITALIST LIFESTYLE AND WELLNESS LTD.

Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) is a publicly traded company, headquartered in Knoxville, Tennessee, with seven clinics operating across the United States and expanding. Revitalist is dedicated to empowering individuals toward an improved quality of well-being through a combination of comprehensive care and future-centric treatments provided by medical professionals, mental health experts, and chronic pain specialists. Since opening their first clinic in 2018, Revitalist has provided thousands of infusions for patients suffering from treatment-resistant conditions. Additionally, Revitalist offers a number of lifestyle optimization services and vitamin infusions that can bring anyone closer to total wellness. For additional information and to be added to the Company’s mailing list, please click here.

Twitter: @RevitalistCorp
Facebook: @RevitalistLifestyleandWellnessLtd.
Instagram: @RevitalistCorp
LinkedIn: @RevitalistLifestyleAndWellnessLtd

On Behalf of the Board
Kathryn Walker
Chief Executive Officer

Forward Looking Statements

This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Revitalist to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release.

Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211202005012/en/

For further information please contact:

Revitalist Lifestyle and Wellness Ltd.

Email: IR@revitalist.com

Tel: (865) 585-8414

Source: REVITALIST LIFESTYLE AND WELLNESS LTD.

FAQ

What is Revitalist Lifestyle and Wellness Ltd. planning in Jacksonville, Florida?

Revitalist is opening its ninth psychedelic assisted psychotherapy clinic in Jacksonville, Florida, which will feature 12 infusion rooms.

When is the Jacksonville clinic expected to open?

The Jacksonville clinic is expected to open before December 31, 2021.

How much space will the Jacksonville clinic occupy?

The Jacksonville clinic will occupy 6,865 square feet.

What treatments will the new Jacksonville clinic offer?

The clinic will offer IV ketamine infusions, medication infusions, intensive outpatient programs, telemedicine therapy sessions, and more.

What is the significance of the new clinic for Revitalist's capacity?

The new clinic will increase Revitalist's total capacity to 60,657 square feet and 121 treatment rooms.