#Health
and #Wellness #Stock News - Can B Corp. (OTCQB: $CANB) Expands Availability of Insurance Covered
Duramed Ultrasound to the Entire State of Michigan; @CanBCorp
Replicating
the Successful Duramed Model as in New York and New Jersey
HICKSVILLE, NY – October 28, 2020 – Investorideas.com Newswire --- Health and wellness stock news - Can B Corp. (OTCQB: CANB) (“Can
B” or the “Company”), a diversified health and
wellness company, is pleased to announce its expansion for its Duramed
Division ultrasound program, the SAM Pro 2.0, to Michigan. The revolutionary Sustained Acoustic Medicine
(“SAM”) wellness solution, is
proven in accelerating tissue healing and chronic pain reduction and is
reimbursable by health insurance companies.
Read this news,
featuring CANB in full at https://www.investorideas.com/news/2020/lohas/10281OTCQB-CANB-Duramed.asp
This
marks the first availability of Duramed beyond its initial success in New York
and New Jersey. The opening of Michigan was made possible for no fault insurance via an
agreement with Allcare Practice Management.
The SAM Pro 2.0 is the first and only FDA
cleared wearable low intensity ultrasound device delivering multi-hour
treatment to accelerate healing and improve function for musculoskeletal
injuries (muscle, tendon, ligament) and reduce chronic pain (without opioid
pain medication).
Duramed’s
marketing strategy is to provide equipment and services to both medical offices
as well as direct to consumer. The recurring revenue business model calls for a
rental rate per day, which is billed to the insurance company.
Duramed is a member of MAGNACARE, an industry organization that insures
expedient processing (1st check within 30 days) + arbitration/negotiation
support.
Marco
Alfonsi, Can B’s Chief Executive Officer, commented, “We are thrilled in
achieving this milestone of expanding upon our success in New York and New
Jersey with this revolutionary solution that addresses a much needed void in
the market to accelerate tissue healing and chronic pain reduction. The unique
SAM delivery system, recurring revenue business model and our potential to add our
proprietary CBD gels, is expected drive our acceleration of revenue at improved
gross margins over the next twelve months.”
About Can B Corp.
Can B Corp. (OTCQB: CANB)
is a Health & Wellness company providing the
highest quality cannabidiol (CBD) products under the brands of Canbiola, Seven
Chakras, NuWellness, Pure Leaf Oil and Duramed. Can B utilizes multi-channel
distribution to reach consumers, including medical facilities, doctor offices,
retailers, online and direct. CanB is also an exclusive partner of the
LifeGuard® Brand in developing a line of consumer products. The Company is also
launching Super Foods, a line of nutritional supplements. Can B Corp. owns and
operates an R&D and production facility in Lacey, WA and Green Grow Farms,
a licensed hemp grow and cultivation in New York.To
learn more about Can B Corp. and our comprehensive line of high quality CBD
products, please visit: Canbiola.com and www.CanBCorp.com, follow Can B Corp on Instagram and Facebook, or visit one of the 1,000+ retail outlets that
carry Can B Corp. products.
For
more information about Can B Corp., please visit: CanBCorp.com
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expressions identify such forward-looking statements. Expected, actual results,
performance, or achievements could differ materially from those contemplated,
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Forward-looking statements are subject to a number of risks and uncertainties,
including but not limited to, risks and uncertainties associated with, among
other things, the impact of economic, competitive, and other factors affecting
our operations, markets, products, and performance. The matters discussed
herein should not be construed in any way, shape or manner of our future
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obligation to update or revise publicly any forward-looking statements, whether
as a result of new information, future events or otherwise, after the date on
which the statements are made or to reflect the occurrence of unanticipated
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Investors
and Media:
IR@canbiola.com
(917) 658-7878
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