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IRWIN NATURALS SUB VTS - IWINF STOCK NEWS

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Irwin Naturals, founded in 1994, is a renowned nutraceutical company recognized in 80% of American households. With a focus on quality and innovation, the company has expanded into the cannabis and psychedelic industries. Irwin Naturals offers a wide range of THC-infused products, including tinctures and capsules, tailored to enhance personal wellness and health naturally. The company's robust growth strategy includes partnerships and licensing agreements across the US and Canada, aiming to establish itself as a leading brand in the cannabis market.

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Irwin Naturals Inc. (IWIN) reported a 13.4% decrease in Q3 2023 revenue to $19.1 million and an income from operations decrease of $2.9 million, primarily due to startup costs related to recent acquisitions. Year-to-Date, the company completed the acquisition of Serenity Health, LLC, and Ketamine Media, LLC.
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Irwin Naturals Inc. reports Q2 2023 financial results with $22.1 million in revenue, a 1.5% increase from Q2 2022. Income from operations decreased by $2.4 million to a loss of $1.9 million. Completed acquisitions of Serenity Health and Keta Media. Expanding into cannabis and psychedelics sectors with brand licensing deals.
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Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINF) has announced the national launch of its new CBD 25mg Softgels in Canada via the Starseed Medicinal Medical Group. This product marks the first release in a planned lineup of five cannabis products, including various CBD and THC formulations. The company aims to leverage its strong brand, recognized in 80% of American households, to penetrate the cannabis market further, targeting a wide range of consumer needs. Founded in 1994, Irwin Naturals operates profitably and seeks to expand into cannabis and psychedelics, with ambitions to establish itself as a household name in all 38 legal cannabis states.

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Irwin Naturals Inc. has completed the acquisition of Keta Media, LLC, effective March 17, 2023, enhancing its presence in the ketamine therapy market. This strategic move aims to bolster the performance of Irwin's Emergence clinics and is expected to positively influence the company's annualized EBITDA. The acquisition allows Irwin to leverage Ketamine Media's marketing expertise to improve clinic utilization rates and support future expansion. The deal showcases Irwin's commitment to becoming a leading network of psychedelic mental health clinics.

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Irwin Naturals Inc. (CSE: IWIN, OTC: IWINF) announced the acquisition of Keta Media, LLC, effective March 17, 2023. This strategic move aims to enhance the company's presence in the growing ketamine therapy market. The acquisition is expected to positively impact the company's annualized EBITDA and supports its ambition to create the largest network of psychedelic mental health clinics. Founder Klee Irwin expressed optimism about the collaboration leading to innovative marketing solutions, while Keta Media's CEO, Chris Walden, emphasized the growth potential for their advisory services. The total consideration includes cash and debt assumption.

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FAQ

What is the current stock price of IRWIN NATURALS SUB VTS (IWINF)?

The current stock price of IRWIN NATURALS SUB VTS (IWINF) is $0.3 as of May 21, 2024.

What is the market cap of IRWIN NATURALS SUB VTS (IWINF)?

The market cap of IRWIN NATURALS SUB VTS (IWINF) is approximately 717.0K.

When was Irwin Naturals founded?

Irwin Naturals was founded in 1994.

What products does Irwin Naturals offer?

Irwin Naturals offers a range of THC-infused products, including tinctures and capsules, focused on enhancing personal wellness.

In how many American households is Irwin Naturals recognized?

Irwin Naturals is recognized in 80% of American households.

What industries has Irwin Naturals expanded into?

Irwin Naturals has expanded into the cannabis and psychedelic industries.

What is Irwin Naturals' growth strategy?

Irwin Naturals' growth strategy includes partnerships and licensing agreements across the US and Canada to establish itself as a leading brand in the cannabis market.

What is the focus of Irwin Naturals' products?

Irwin Naturals' products focus on quality, innovation, and enhancing personal wellness naturally.

Where is Irwin Naturals seeking to become a leading brand in the cannabis market?

Irwin Naturals is seeking to become a leading brand in all 38 states where cannabis is currently legal.

What is unique about Irwin Naturals' products?

Irwin Naturals' products are tailored to meet the nuanced needs of consumers with a unique blend of THC-infused formulas.

What are some of the key products offered by Irwin Naturals?

Irwin Naturals offers meticulously crafted capsules like Get Lit, Stress Defy + THC & CBD, Balance, and Power To Sleep + THC & CBN.

What is Irwin Naturals' mission?

Irwin Naturals is on a mission to heal the world with plant medicine through its expanding portfolio of products available in over 100,000 retail doors across North America.

IRWIN NATURALS SUB VTS

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717.00k
2.64M
Pharmaceutical Retailers
Healthcare
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United States of America
Los Angeles