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NetworkNewsBreaks – Delic Holdings Corp. (CSE: D

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Post# of 135
(Total Views: 180)
Posted On: 04/04/2023 4:43:45 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Inks LOI for Acquisition of Ketamine Wellness Centers

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, has signed a letter of intent with Peter/PetraMD, the largest online provider of hormone therapy in the United States for the acquisition of Ketamine Wellness Centers. According to the announcement, the acquisition provides an incredible on-ramp into the ketamine space for Peter/PetraMD, which has more than 20 years of experience and nearly 100,000 patients across the United States. Ketamine Wellness Centers is the largest ketamine infusion therapy provider in the country. According to the announcement, Peter/PetraMD plans to maintain continuity of care for current patients while expanding into the national market. The LOI outlines plans for PeterMD to pay $1.15 million in tranches over 12 months plus the assumed existing debt to buy the Ketamine Wellness Centers; the agreement is subject to a due-diligence period, the completion of a definitive agreement and a $100,000 nonrefundable deposit. “I saw an incredible opportunity for Peter/PetraMD to truly expand the footprint and the success of ketamine treatment not only in our veteran population, but also at the national level,” said Peter/PetraMD founder Dr. Bryan Henry in the press release. “This is a chance for more of our veteran community to have access to the care they desperately need.”

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