In June, Medicine Man Technologies announced its acquisition of Los Sueños Farms, a Colorado-based cultivator, and Purplebees, an infused products manufacturer and dispensary, which Williams said helped the company secure not only a hefty supply of cannabis, but also extraction capabilities to turn that raw material into product lines.
Just days after that announcement, Medicine Man Technologies announced plans to acquire Medicine Man Denver, a Colorado licensee that operates an indoor cultivation facility and four retail locations. The company kicked off 2019 with an agreement in January to acquire MedPharm Holdings LLC, an intellectual property development and holding company focused on cannabis research and product development. “Right now, our goal is to partner up the best of the best in all the different verticals of cannabis, so we’re completely vertically integrated with the best operators, the best products the best know-how in the country,” Williams told Cannabis Business Times. 12 to acquire Dabble Extracts as part of the company’s larger strategy to operate in segments of the entire cannabis supply chain, according to CEO Andy Williams. Medicine Man Technologies fit another piece into its cannabis supply chain puzzle this week with its announced acquisition of Dabble Extracts, a Colorado-based cannabis concentrate company.ĭenver-based Medicine Man Technologies entered into a binding term sheet Aug.