Delic

Delic operates as a diversified psychedelic wellness company, positioning itself as a central platform for education, research, and treatment within the sector. The company was co-founded in 2019 by Matt and Jackee Stang, who leveraged their extensive experience from the cannabis media company, High Times, to address the growing interest in psychedelic science. Their mission is to mainstream psychedelic wellness, making it more accessible to the general public.

The company's business model is multifaceted, combining a network of physical clinics with media platforms and a research division. Revenue is generated through the operation of ketamine wellness clinics, which provide treatments for conditions like depression, anxiety, and PTSD. This clinic network, which became the largest in the United States following the acquisition of Ketamine Wellness Centers (KWC), focuses on providing accessible and affordable care, with some locations accepting insurance and partnering with organizations like the U.S. Department of Veterans Affairs. Delic's strategy involves expanding this network into underserved markets to broaden patient access.

In addition to its clinical operations, Delic owns Delic Labs, a Canadian-licensed laboratory focused on psilocybin and cannabis research and development. This division not only works on proprietary IP but also functions as a contract research organization for other companies in the space. The company's ecosystem is further supported by its media and event arms, which include the educational platform Reality Sandwich and the wellness summit "Meet Delic." These platforms serve to de-stigmatize psychedelics and educate the public, while also driving awareness and potential clientele to its clinics.

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