Plant-based medicine producer Irwin Naturals Inc. IWINF has purchased all the assets of New England Ketamine located in Salem, New Hampshire and serving patients in six states in the Northeast.
A household name and herbal supplement formulator since 1994, the company is now set to offer THC-based products and psychedelic mental health treatment. For the latter, Irwin Naturals Emergence has bought the third medical center in what the company plans to make into a national chain of mental health clinics providing ketamine treatment.
As CEO Klee Irwin explained: “We’re executing the plan we laid out earlier this year, putting the full weight of our brand behind these life-changing treatments that have the capacity to fundamentally change the way we care for mental health in this country. We’re doing more than just exploring the opportunities here. We’re adding to what we hope will become the biggest national chain of psychedelic mental-health clinics in the United States.”
Irwin Naturals aims at expanding access to life-changing care. Their belief is that developing economies of scale will drive down operating costs for psychedelic mental health clinics, and that those savings could translate into sliding-scale discounts, all of which would eventually enable Irwin Naturals to serve as a bridge as insurance plans catch up on psychedelic-assisted treatments.
Photo Courtesy of MART PRODUCTION on Pexels.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!