KetamineOne Expands Veteran Clinics With Four New Locations Across Canada

KetamineOne Capital (NEO: MEDI) is expanding its current offerings for veteran-focused multidisciplinary clinics. The company has added a total of four clinics under its Integrated Rehab and Performance banner across the country, with the four new locations to be opened by the end of the year.

Focused on the customized treatment of members of the Canadian Armed Forces and the RCMP, Integrated Rehab and Performance, which is in the process of being rebranded as IRP Health, focuses on first responders and members of the military within Canada. The clinics offer both physical and mental rehabilitation services for its clients.

The latest locations added by the subsidiary are found in Ottawa, Surrey, Halifax and the Comox Valley. The Comox Valley and Ottawa locations are set to be open by the end of September, while the other two clinics are to be opened by the end of the calendar year.

“We can see first-hand, the enormous need for increased physical and mental health services for the veteran and first responder communities in Canada. [..] We identified IRP as having a unique and scalable model that complemented our other clinics and positioned us to have a leading position in advancing the health of members of the military, first responders and veterans,” commented CEO Adam Deffett.

Retrofitting is to occur from current Ketamine One clinics in the case of both Ottawa and Halifax, with the locations to be rebranded under the IRP Health Banner. The move is being made as a result of the strong concentration of veterans in the region surrounding the clinics.

KetamineOne last traded at $1.44 on the NEO.

FULL DISCLOSURE: KetamineOne is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover KetamineOne on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

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