Medicine Man Technologies buys rival marijuana consultancy

Two prominent Colorado cannabis consulting firms combined Tuesday when Medicine Man Technologies announced it has agreed to acquire Denver Consulting Group. Denver Consulting Group (DCG) valued the deal at $3.5 million. Under the agreement, publicly traded Medicine Man Technologies (OTCQB: MDCL) will issue 2,258,065 of its shares to members of Denver Consulting Group, according to a news release. Shares of Denver-based Medicine Man closed Tuesday at $1.58. The transaction continues a trend of mergers and acquisitions in the maturing marijuana industry in the past year. It’s Medicine Man’s ... Medicine Man Technologies buys rival marijuana consultancy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs