07:44 AM EST, 11/15/2024 (MT Newswires) -- Numinus Wellness ( NUMIF ) on Friday said it sold its five Wellness Clinics in Utah to Stella, a psychiatry practice treating PTSD, anxiety and depression, for US$3.53 million.

"This transaction marks an exciting new chapter in Numinus' strategy to reshape behavioral health care," said Payton Nyquvest, Founder and CEO of Numinus. "Leveraging our deep expertise in patient care, where we served about 50,000 unique individuals, over 200,000 appointments, and about 250,000 insurance-reimbursed claims, we're now accelerating our mission by focusing on cutting-edge technology solutions."

The transaction will close by Nov. 30.