Stella MSO, Inc. signed a definitive agreement to acquire Five Wellness Clinics from Numinus Wellness Inc. (TSX:NUMI) for $3.5 million on November 15, 2024. A cash consideration of $2.08 million will be paid by Stella MSO, Inc. Stella MSO, Inc. will pay a deferred payment of $0.75 million cash paid over six equal monthly instalments in 2025 and of $0.7 million cash to be paid in 2025. The transaction is expected to close on or before November 30, 2024.

Stella MSO, Inc. completed the acquisition of Five Wellness Clinics from Numinus Wellness Inc. (TSX:NUMI) on December 17, 2024.