Colorado edibles firm partners with Florida MMJ company on sales

Colorado edibles company Wana Brands is partnering with a Florida medical cannabis business¬†to sell each other’s products in a move that permits both firms to expand their geographic footprint. Boulder-based Wana Brands said it has signed a reciprocal licensing deal with Alternative Medical Enterprises, or AltMed, based in Sarasota, Florida, the Denver Post reported. Financial terms weren’t disclosed. Under the agreement, AltMed will manufacture and sell Wana Brands’ products in Arizona, and Wana will produce and distribute AltMed’s products in Colorado. The Post noted the deal is part of a growing trend known as ... Colorado edibles firm partners with Florida MMJ company on sales is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs