DENVER, Colo., June 5, 2019- (24/7MarketNews via COMTEX) Venture Market News for June 5, 2019.
Medicine Man Technologies, Inc. Announces Entry into Binding Term Sheets for Two Strategic Cannabis Acquisitions
Company will acquire Los Sueños, North America’s largest sustainable cannabis farm to strengthen production and operational synergies and enable competitive growth
The pending acquisition of Purplebee’s will put Medicine Man Technologies on a growth trajectory and open up their manufacturing and sales capabilities
Founder of Los Sueños, Bob DeGabrielle to Join Medicine Man Technologies Board of Directors
DENVER, June 5, 2019 /PRNewswire/ — Medicine Man Technologies, Inc. (OTCQX: MDCL) (“Medicine Man Technologies” or “Company”), a rapidly growing, vertically integrated cannabis operator, today is pleased to announce that it has entered into binding term sheets to acquire the assets and rights from Colorado-based Los Sueños Farms, LLC, North America’s largest sustainable cannabis farm. The Company has also entered into a binding term to acquire Mesa Organics Ltd (d/b/a Purplebee’s), Mesa Organics II Ltd. and Mesa Organics III Ltd. (collectively “MesaPur”), a leading cannabis dispensary and infused products manufacturing company, utilizing pure CO2 extracts from the finest locally-grown cannabis in Colorado.
Elixinol Global raises A$50m to accelerate US expansion
Sydney, NSW, Australia — June 5, 2019 – OTC Disclosure & News Service
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Norsk Hydro: First quarter 2019: Results down on volumes, prices and raw material costs
Hydro’s underlying earnings before financial items and tax was NOK 559 million in the first quarter, down from NOK 3 147 million in the same quarter last year. This mainly reflected lower realized aluminium prices, higher raw material costs and the effects of the production curtailment at the Alunorte alumina refinery.
Leafbuyer Technologies Announces Letter of Intent to Acquire Leading CBD Trade Show
Leafbuyer Technologies, Inc. (“Leafbuyer” or “the Company”) (OTCQB:LBUY) announced today a non-binding letter of intent to acquire majority stake in Las Vegas-based trade show operation CBD.io. CBD.io operates one of the largest and most visible expos in the CBD and vape industries.
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