Less than two months after entering a binding agreement to merge, Delic Holdings and Ketamine Wellness Centers Arizona have officially signed off on the transaction, Behavioral Health Business reports.
KWC becomes a wholly-owned subsidiary of Delic for $10 million. Delic specializes in the drug ketamine, which is an intravenous alternative to traditional care methods used to treat various health conditions, including mental health conditions like depression, anxiety and post-traumatic stress disorder.
The purchase now makes Delic the largest psychedelic wellness provider in the United States, operating a total of 12 clinics across nine states. Read more.
