- SHRM
announces recent acquisition of California-based Ketamine Wellness Clinic
of Orange County Inc.
- CEO
calls acquisition major milestone as company accelerates vision of
establishing sizable footprint of integrated ketamine clinics
- Center
is recognized leader in ketamine infusion therapy, research and
complementary treatment protocols
With the announcement of its recent acquisition of the
Ketamine Wellness Clinic of Orange County Inc., Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is
taking steps to expand into the United States (http://ibn.fm/rFEOp). The
wellness clinic owns and operates a state-of-the-art ketamine infusion
treatment center located within the Mission Hospital’s Laguna Beach campus.
“We are thrilled to begin executing on our North American
expansion strategy by acquiring our first U.S.-based, revenue-generating
ketamine center, the Wellness Clinic of Orange County,” SHRM CEO Dr. Roger
McIntyre stated in a news release. “This acquisition represents a major
milestone as we begin to accelerate our vision of establishing significant scale
and a sizable footprint of integrated ketamine centric clinics committed to
providing innovative care and therapeutic options to improve the quality of
life of patients suffering from chronic disease states that have failed
conventional treatments.”
A Canada-based company dedicated to applying novel and
natural treatment protocols with an emphasis on psychedelic medicine,
Champignon outlined the acquisition in a term sheet completed with the wellness
clinic, a cutting-edge facility that has become a recognized leader in ketamine
infusion therapy and is actively involved in research and complementary
treatment protocols. Based on impressive peer-reviewed studies and equally
attention-grabbing clinical trials, intravenous ketamine has gained prominence
as a promising treatment option for many chronic diseases, including
depression, anxiety, post-traumatic stress disorder, fibromyalgia and certain
pain disorders.
“This is an exceptional opportunity to both collaborate and
scale with Dr. McIntyre and the world-class team at Champignon, with the
objective of remaining at the forefront of innovation in this burgeoning
field,” added Dr. Michael Bronson of the Ketamine Wellness Clinic of Orange
County. “We are excited for our patients, both current and future, as we work
to provide them with the therapeutic options that they deserve.”
As outlined in the term sheet, Champignon is set to acquire
100% of the clinic and all subsidiary companies of the wellness clinic in
exchange for a combination of payments and common shares spread over an
18-month period. The completion of the agreement is subject to several
conditions, including but not limited to the execution of a definitive
agreement and completion of satisfactory due diligence.
Champignon seeks opportunities to promote the health and
wellness benefits of functional mushrooms, which are used in a wide variety of
health-care and pharmaceutical products. The company’s flagship e-commerce
store, VitalitySuperTeas.com, takes advantage of the burgeoning craft
mushroom industry with a selection of mushroom-infused teas and accessories;
SHRM is also expanding its preclinical trial pipeline and branching out into
alternative medicine and pharmaceuticals.
For more information, visit the company’s website at www.ChampignonBrands.com
NOTE TO INVESTORS: The latest news and updates
relating to SHRM are available in the company’s newsroom at http://ibn.fm/SHRM
About QualityStocks
QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential. We offer several ways for investors to learn more
about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment