Substance abuse and addiction remain a serious problem across the United States, generating more than $700 billion a year in expenses related to health care, crime, work productivity and more, according to the National Institute on Drug Abuse (http://nnw.fm/9IpUl). Abuse of tobacco, illicit drugs and alcohol remains high, along with the number of prescription drug users nationwide. Unfortunately, not all people suffering from a substance abuse problem get the treatment they need, or perhaps access to any kind of treatment at all, with potentially lethal consequences. GreeneStone Healthcare Corp. (OTCQB: GRST), a Canadian-founded provider of healthcare services, with a focus on addiction and mental health, is hoping to change this as it enters the U.S. market with a unique and tested approach to the substance abuse recovery process.
The company recently sold its Canadian addiction business and is planning to open a new treatment center in Florida after acquiring the real estate assets and business of Delray Beach-based Seastone addiction center. Known as a leading and first addiction treatment of the kind in Canada, GreeneStone has used…
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