Medicine Man Technologies Continues Marijuana Business Acquisition Spree | Westword

Medicine Man Technologies, a publicly traded marijuana business conglomerate based in Denver, just keeps expanding. A week after the company announced its plans to purchase two commercial marijuana operations in Colorado, it revealed an agreement to buy Colombian marijuana producer Green Equity.

When Westword interviewed Medicine Man CEO Andy Williams about the company’s recent deals in Colorado, he was in Colombia; at the time, he mentioned plans to purchase a third marijuana company, but couldn’t drop the name.

But now he can.

“This pending acquisition secures our strategy for international growth, beginning with our entry into Colombia,” Williams says in a statement announcing the new agreement. “We have proven the success of our rollout in Colorado and have developed a world-class reputation that now is ripe with opportunities.”

Although recreational marijuana sales are still illegal in Colombia, the plant is legal for certain medical uses in

... read more at: