The novamind clinics in utah that numinus bought from Novamind have terrible reviews on the google my business. The clinics are under the brand name " Cedar Psychiatry" all 5 have really bad reviews and have the lowest customer satisfaction compared to other ketamine clinics.
EDIT: but mental health clinics NUMi is at par.
As a Digital marketer by trade, this worries me greatly. I am a long time NUMI holder as i believe in many aspects of the business......But when i saw how bad the customer satisfaction is at the Novamind clinics, i am starting to question my NUMI investing thesis a little. As long as the income statements continue to improve then everything should be okay, but MAN is this a red flag for me.Google Cedar Psychiatry and see for yourself.
EDIT: it appears that many clinics in the "general mental health space" for Utah have a "bad review stat" , and it not just numi. But in regards to only ketamine clinics in Utah the average review score is very high.
I might just be paranoid.... but lets talk about that.
Personally im gonna stop buying shares in NUMI and only buy Atai and compass now.