Irwin Naturals Acquires Three Mental Health Clinics From Florida Mind Health Center

Irwin Naturals Inc. completed the acquisition of the assets of Clare Clinic, Inc., d/b/a Florida Mind Health Center. The deal included three mental health clinics located in Gainesville, Tallahassee, and Panama City, Florida. The clinics join Irwin Naturals Emergence, a fast-growing national chain offering psychedelic mental health care that now includes 8 clinics in Florida.

As consideration for the asset purchase, Irwin Naturals provided the sellers with cash payments as well as 1,500,000 subordinate voting shares upon closing. Additionally, the transaction includes contingent consideration based on future milestones related to operational and profitability targets to . . .