Canada’s Maricann to Acquire Malta’s Medican Holdings in Stock and Cash Deal

Ganjapreneur
By TG BranfaltMay 17, 2018, 12:42 pm10 pts
Maricann Group Inc. has agreed to acquire Medican Holdings Ltd, whose subsidiary Medican Research Group is one of six companies that has received a medical cannabis license in the Republic of Malta. The cash-and-stock deal is worth $10.1 million, comprised of $7.6 million in common shares at no less than $2.35,…

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