Delic Holdings Corp.(CSE: DELC) (OTCQB: DELCF) has entered into a binding merger agreement with Ketamine Wellness Centers Arizona LLC, a company operating 10 ketamine infusion treatment clinics across the country.

As psychedelics like psilocybin and MDMA draw closer to FDA approval for the treatment of a variety of mental health indications, ketamine is paving the way for the development of a country-wide industry around psychedelics-assisted psychotherapy.

Delic Holdings, the psychedelic wellness platform, announced this week it will enter a binding merger agreement with Ketamine Wellness Centers Arizona LLC, making Delic the largest psychedelic wellness chain in the country.

Delic Holdings Corp is acquiring Ketamine Wellness Centers Arizona LLC.

Vancouver-based Delic Holdings has entered into a merger agreement with Ketamine Wellness Centers Inc. to become the largest psychedelic wellness chain in the U.S.