VANCOUVER, BC, Sept. 18, 2023 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX:NUMI.TO) (OTCQX:NUMIF), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies today announced a focus on positive cash flow generating businesses, with several actions taken to reduce its cash expenses. These actions include ceasing operating activities at Numinus Bioscience, its non-revenue producing research lab, consolidating two wellness clinics into nearby locations to improve margins and cash flow, and not renewing leases for two research clinics in Canada.
Read more at prnewswire.comNuminus Takes Actions to Accelerate its Path to Profitability by Focusing on Positive Cash Flow Generating Operations
PR Newswire -
Mon Sep 18, 2023
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