iMD Companies and Its Subsidiary Riize, Open and Launch Telemedicine Platform in Canada

Rhea-AI Summary

iMD Companies, Inc. (OTC: ICBU) and its subsidiary Riize Health have launched their telemedicine platform in Canada, meeting their projected start date of late September to early October 2024. The platform offers the same pharmaceutical and medical practitioner solutions for sexual wellness products that have driven growth in the U.S. market.

Riize Health's 100% online system provides discreet access to licensed medical professionals for personal health product assessments and prescriptions. The company plans to expand its product line to include Hair Growth in Q4, followed by Testosterone Replacement Therapy (TRT) and Hormone Replacement Therapy (HRT) products.

This international expansion is seen as a key step for iMD Companies' revenue projections and future growth opportunities. The company is positioning itself as an innovative provider in the men's and women's personal health care market.

Positive

• Successful expansion into the Canadian market, meeting projected launch date
• Plans to introduce new product lines: Hair Growth, TRT, and HRT
• Potential for increased revenue through international expansion

Negative

• None.

RANCHO CORDOVA, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- iMD Companies, Inc. (OTC: ICBU) and its subsidiary Riize, LLC (Riize Health) has completed the target expansion into the Canadian marketplace.

The Riize Health telemedicine platform has officially been approved and we’re now taking orders in Canada. The platform incorporates the same pharmaceutical and medical practitioner solutions that continue to produce dynamic growth in the U.S. for its sexual wellness product lines.

We’re proud to have met the original projected Canadian start date of end of September to early October 2024. Reilly Schueler, CEO of Riize Health, states, "We are very excited about the potential for new and continued growth with the addition of our international operations in Canada. As part of IMD Companies, we look forward to this additional new market opportunity as well as growth into other areas. We couldn’t be happier."

Riize Health's 100% online system provides discreet and secure access to licensed medical professionals for the assessment and prescribing of personal health products. The convenience of telemedicine is becoming a growing choice for many consumers, especially for highly personal products.

In addition to the success of its core sexual wellness products, Riize Health anticipates adding a product line for Hair Growth in Q4, followed by products for TRT (Testosterone Replacement Therapy) and HRT (Hormone Replacement Therapy) in the coming weeks, further establishing itself as an innovative provider to the men's and women's personal health care market.

Rick Wilson, President and CEO of iMD Companies, Inc., states, “Having the ability to be an International Company and finalize the strategic launch in Canada with our amazing subsidiary Riize, enables iMD Companies to look at other International opportunities in the near future as well. Our product line expansion and entry into new markets is key to our revenue projections.”

Follow Riize Social Media

Website @ https://www.riizehealth.com

Canada @ ca.riizehealth.com

Facebook @ https://www.facebook.com/riizehealth

Instagram @ https://www.instagram.com/riizehealth/

Tiktok @ https://www.tiktok.com/@riize_up_llc

Blogs @ https://riizehealth.com/pages/recent-blog-post

About Riize, LLC

Riize is revolutionizing the healthcare industry as a leading telemedicine/pharmacy services provider. Our specialized focus on men’s and women’s sexual health and weight loss sets us apart from the competition due to our revolutionary delivery system. We are proud to offer a convenient and innovative online healthcare service that connects individuals with licensed healthcare providers. At Riize, we understand the importance of personalized care. That’s why we provide a platform where patients can easily consult with healthcare professionals remotely. Through video or phone calls, individuals can discuss their symptoms, receive accurate diagnoses, and obtain personalized treatment plans that address their specific needs. We believe in breaking down barriers to healthcare access. With Riize, patients no longer have to endure long wait times or travel to a physical clinic. Our user-friendly platform ensures that quality healthcare is just a few clicks away. Join us in shaping the future of healthcare. Experience the convenience and expertise that Riize offers. Your health and well-being are our priorities.

Follow iMD Companies, Inc. Social Media

Twitter @ https://twitter.com/imd_inc

Instagram @ https://www.instagram.com/imdcompaniesinc/

About iMD Companies, Inc.

iMD Companies. Inc. (OTC: ICBU) is a Florida Corporation. The company has been re-positioned to be a holding company for acquisitions and technology development in the health care markets. iMD's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.

Safe Harbor Statement

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

Contact:

iMD Companies, Inc.
info@imdcompaniesinc.com

FAQ

When did iMD Companies (ICBU) launch its telemedicine platform in Canada?

iMD Companies (ICBU) launched its telemedicine platform in Canada in late September to early October 2024, meeting their projected start date.

What new product lines is Riize Health planning to introduce?

Riize Health plans to introduce a Hair Growth product line in Q4, followed by Testosterone Replacement Therapy (TRT) and Hormone Replacement Therapy (HRT) products in the coming weeks.

How does the Riize Health telemedicine platform operate?

Riize Health's telemedicine platform is a 100% online system that provides discreet and secure access to licensed medical professionals for the assessment and prescribing of personal health products.

What is the significance of iMD Companies' (ICBU) expansion into Canada?

The expansion into Canada is seen as a key step for iMD Companies' revenue projections and opens up opportunities for future international growth.