Replies to post #4645 on Medicine Man Technologies Inc (SHWZ)

[Drugdoctor]

But investors were told differently last year... This is why they are giving up...

https://mjbizdaily.com/colorado-based-medicine-man-technologies-eyes-out-of-state-expansion-after-nearly-300m-acquisition-spree/

The acquisitions, 14 in all, range from Denver-based cannabis research company MedPharm and Starbuds dispensaries to large Pueblo-based outdoor grower Los Sueños and dispensary group Colorado Harvest.

All the transactions are due to close between March and June of next year. That estimate stems from the finalization of a new Colorado law that takes effect Nov. 1. The law allows public companies to acquire licensed businesses as well as out-of-state money to potentially flood in.

Once the acquisitions close, Medicine Man Technologies – which trades on the over-the-counter markets as MDCL, will look elsewhere, CEO Andy Williams, told Marijuana Business Daily.