Numinus Wellness Refocuses on U.S. Markets
Company Announcements

Numinus Wellness Refocuses on U.S. Markets

Numinus Wellness Inc (TSE:NUMI) has released an update.

Numinus Wellness Inc. is honing its operational strategies by emphasizing growth in the U.S. market, while scaling back its Canadian clinical operations to adopt a more resource-efficient, capital-light model. The company is also expanding its Psychedelic Assisted Therapy training program to equip more healthcare professionals for mental health care advancements. This refocus on the U.S., where Numinus generated the majority of its revenue in 2023, aims to enhance shareholder returns and capitalize on emerging opportunities in psychedelic therapies.

For further insights into TSE:NUMI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskNuminus Wellness Shifts Focus and Plans Acquisition
PR NewswireNuminus Wellness Inc. Announces Third Quarter Fiscal 2024 Results
TipRanks Canadian Auto-Generated NewsdeskNuminus Wellness Announces Q3 2024 Financial Call
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!