Venture Breakfast Bits, by 24/7 Market News

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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.

Full press release

Elixinol Global raises A$50m to accelerate US expansion

Sydney, NSW, Australia — June 5, 2019 – OTC Disclosure & News Service

This release includes additional documents. Select the link(s) below to view.

Elixinol Global raises A$50m to accelerate US expansion.pdf

Full press release

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.

Full press release

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.

Full press release

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