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Medicine Man To Acquire Cannabis Concentrate Processor; Shares Ahead 8%

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August 13, 2019

Graphs, charts, business table. The workplace of business people.
  • Cannabis industry consultant and services provider Medicine Man Technologies (OTCQB:MDCL +8.3%) inks a binding term sheet to acquire Colorado-based cannabis extract processor Dabble Extracts for $3.75M.
  • Under the terms of the deal, MDCL will pay $750K in cash plus ~997K shares of its common stock at $3.01 per share.

Date: August 13, 2019

Source: Flipboard

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