Myconic Capital Corp. continues its pursuit of facilities offering ketamine infusion therapies in the US with the acquisition of 49% of all shares of Tristar Wellness LLC and its existing wellness clinic in Miami Beach, FL, for $818,300.
The deal complements other acquisitions of clinic operators by Myconic, including Mindscape Ketamine & Infusions Therapy, PLLC of Houston and NY Ketamine Medical Practice, PLLC of New York City.
Myconic is also financing the development of a portfolio of satellite ketamine micro-clinics in South Florida. It is advancing 100% of all construction and early-stage operation costs in exchange for a 50% interest in each micro-clinic. The development of the micro-clinics is subject to the formation of a joint venture entity and pending all required state, municipal and regulatory approvals.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
