Tweed Marijuana announces acquisition of MedCannAccess in an all equity deal

Tweed Marijuana Inc. (TSXV:TWD) has agreed to buy MedCannAccess in an all-stock deal that will allow the medical marijuana producer to connect with its clients face-to-face via three community access centres in Ontario.

Tweed will also acquire from MedCannAccess a 33 per cent stake in CannScience Innovations Inc., a health science research company based out of the MaRS Centre in Toronto that is working with marijuana extracts to provide precise, standardized doses of medicinal cannabis.

Read the rest of the Ottawa Business Journal article:  http://www.obj.ca/Local/2015-09-04/article-4267905/Tweed-Marijuana-announces-acquisition-of-MedCannAccess-in-an-all-equity-deal/1

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Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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