Delic Holdings Corp (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Makes Psychedelic Treatment More Accessible with Opening of New Reno Clinic

March 25, 2022 09:20:00
  • Following the acquisition of KWC back in November 2021, Delic Holdings Corp set out to open additional state-of-the-art ketamine infusion treatment clinics over the course of 18 months
  • The company has just announced the opening of its second clinic in Nevada in a move that will serve both local patients and those in larger California markets without access to affordable in-state providers
  • Delic is still set to open more clinics over the course of the next 18 months in a move that seeks to expand access to reasonably priced treatments for various mental health conditions

In November 2021, Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) announced the completed acquisition of Ketamine Wellness Centers Arizona LLC (“KWC”). This transaction would bring Delic’s consolidated revenue run rate to $11 million. In addition, and more importantly, it would earn it the title of the largest chain of wellness centers providing ketamine treatments in the United States (https://ibn.fm/AQOU5).

Following the acquisition, Delic set out to open additional state-of-the-art ketamine infusion treatment clinics over 18 months in a move that would expand access to millions of people who can benefit from new medicines and treatments for various mental health conditions. In what marks a significant milestone for the company, it has opened its second clinic in Nevada, bringing the total number of KWC clinics to 13 across nine states (https://ibn.fm/VJXKL).

The new Reno location features a 2,200 square-foot treatment facility, fully equipped to serve both local patients and those in larger California markets who do not have access to affordable in-state providers. Delic is confident that this new location and the others to come over the next 18 months will expand access to reasonably priced treatments for various mental health conditions.

“KWC Reno expands our footprint to serve so many more individuals suffering from treatment-resistant anxiety, depression and PTSD to further combat the country’s on-going mental health crisis,” noted Kevin Nicholson, KWC’s Chief Executive Officer (“CEO”) and Delic’s Chief Operating Officer (“COO”).

“We look forward to providing the most effective and personalized treatments to patients in both Nevada and California,” he added (https://ibn.fm/VJXKL).

This move by Delic complements the company’s overall goal of scaling the impact and reach of treatment. So far, the company’s standing is defined by its umbrella of businesses that form an ecosystem. These include the largest and most accessible network of physical clinics, a licensed lab for R&D and innovation, trusted media, e-commerce platforms, and in-person events that market services directly to patients and consumers.

For more information, visit the company’s website at www.DelicCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to DELCF are available in the company’s newsroom at https://ibn.fm/DELCF

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