Irwin Naturals Inc. (CSE: IWIN) announced it acquired Florida Mind Health Center for an unspecified amount.
Clare Clinic, Inc., which does business as Florida Mind Health Center, is a ketamine clinic that has locations in Gainesville, Tallahassee and Panama City, Florida.
Founded in 1994, Irwin Naturals Inc. is a nutraceuticals (natural products and supplements) company with a portfolio of products available in more than 100,000 retail locations across North America. Its national chain of psychedelic mental health clinics is called Irwin Naturals Emergence. It generated more than $100 million in revenue in 2021.
This transaction represents Irwin Naturals eighth acquisition in the year. Irwin Naturals will provide sellers cash payments as well as 1.5 million subordinate voting shares upon closing.
According to the LevinPro HC database, this acquisition marks the 27th infusion services transaction of the year.
