Deal Snapshot
MEDICINE MAN TECHNOLOGIES TO ACQUIRE COLORADO HARVEST FOR USD 12.5M
Tuesday 10 September 2019

Denver, US-based cannabis company Medicine Man Technologies, Inc. (OTCQX: MDCL) has agreed to acquire cannabis dispensaries operator Colorado Harvest Company to bolster retail distribution channels, the company said.
The purchase price will consist of USD 4.0m in cash and USD 8.5m in company stock, equating to 2,881,356 shares issued at USD 2.95 per share.


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Details
Date Published: 10/09/2019
Target: Colorado Harvest Company
Country: USA
Deal Size: 12.5m (USD)
Sector: Wholesale/Retail
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Medicine Man Technologies
Comment:


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