irwin naturals inc iwinf has terminated the nonbinding amended and restated letter of intent loi for a business combination with medical research and telemedicine company braxia scientific corp braxf ceo klee irwin said the decision was based on a “lack of a clear business rationale” for the company to move forward with the transaction see also irwin naturals secures 40m to accelerate expansion of its psychedelic mental health clinics braxia ceo dr roger mcintyre said the company is “disappointed” with the decision by irwin and the impossibility to complete the transaction adding that the team “remains well positioned as global leaders in depression and ketamine research with high quality trusted clinics and a telemedicine platform launched in the us braxia will retain its strategic assets across three business verticals including clinical operations in canada usbased telemedicine platform ketamd and international clinical research infrastructure the second edition of the benzinga psychedelics capital conference is coming your way the event will take place at the fontainebleau miami beach hotel in florida on april 13 2023 this is the place to get deals done raise money jumpstart ma and meet investors and key partners get your tickets now before prices go up photo benzinga edit with photo by true touch lifestyle on shutterstock and wikimedia commons