As an early adopter and researcher of the use of ketamine in psychiatry, Dr. He was previously a coordinating investigator for a study on MDMA-assisted therapy for eating disorders, sponsored by the Multidisciplinary Association for Psychedelic Studies (MAPS). He is a board-certified psychiatrist and co-founder of Cedar Psychiatry and serves as the Medical Director for the Center for Change, a leading center for the treatment of eating disorders. Robison was most recently Chief Medical Officer at Novamind. 'We warmly welcome the Novamind team to Numinus and believe our shared values and focus on client service will ensure a seamless integration as we continue to grow as one unified company.'ĭr. 'This acquisition elevates our collective service offering, and we look forward to helping an even greater number of people access effective and safe treatments to support mental wellness,' said Payton Nyquvest, Founder and CEO, Numinus. On a proforma basis, the combined business generated C$11.9 million of annual revenues (trailing four quarters reported, as at June 10, 2022). The transaction has also provided a strong US platform for potential continued growth in partnership and acquisition opportunities. Numinus and Novamind clients will benefit from access to a greater variety of services and treatments over the coming months, including the expansion of virtual therapy services at US-based clinics and increased group therapy offerings in Canada. This acquisition significantly grows Numinus' client service offerings, geographic reach, and revenues. As a result of the acquisition, Numinus now operates 13 wellness clinics, four clinical research facilities and a dedicated psychedelics research lab – positioning the company as a leading integrated mental wellness company providing ketamine- and psychedelic-assisted therapies. ('Novamind') has completed, following Novamind's receipt of a final order from the BC Supreme Court. ('Numinus', the 'Company') (TSX: NUMI) (OTCQX: NUMIF) is pleased to announce the acquisition (the 'Transaction') of Novamind Inc.

VANCOUVER, BC, J/PRNewswire/ - Numinus Wellness Inc. Michael Tan has been promoted to President and Chief Operating Officer Reid Robison has been appointed Chief Clinical Officer and Paul Thielking has been appointed Chief Science Officer Novamind shareholders and RSU holders have been issued 0.84 Numinus shares per Novamind shareĪs a result of the acquisition, Novamind has ceased trading on the Canadian Securities Exchange (CSE) Transaction has completed following shareholder and court approvals

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