Green Market Report: MedCana expands South American cannabis footprint through six acquisitions

MedCana also acquired a seventh company based in Boston.

Texas-based MedCana (OTC PINK: SFWJ) expanded its global cannabis footprint with the acquisition of seven companies, mostly in the South American nation of Colombia, with a total of 23 cannabis-related business permits.

MedCana, which is focused on “the pharmaceutical-grade cannabis industry,” said it purchased 100% ownership of:

  • Cannabicolombia Group
  • Cannehealth Business
  • Organic Leaves
  • Remedium
  • Royal Cannabis
  • Vital Cannabis
  • Elemental Genetics

All of the acquired companies are based in Medellin, Colombia, with the exception of Remedium, which is based in Boston.

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https://www.greenmarketreport.com/medcana-expands-south-american-cannabis-footprint-through-six-acquisitions/

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