US (TX): MeCana announces recent acquisitions - and the licenses associated with them

MedCana has announced significant and multiple acquisitions, along with multiple cannabis licenses associated with each, bolstering the company's cannabis portfolio globally.

Due to the large number of acquisitions completed, the company would like to break down each acquisition and the cannabis license associated with each to give shareholders a better idea of the scope and magnitude of these new additions to the MedCana portfolio.

MedCana has acquired a total of 23 licenses comprising:

• 7 CBD Licenses: Produce, Process, Sell
• 7 THC Licenses: Produce, Process, Sell
• 7 Licenses: Fabrication of products containing Cannabis
• 2 License: Genetics

Medcana has also acquired a controlling stake in Eko2o Environmental Solutions S.A.S. of Medellin, Antioquia. This company is focused on developing infrastructure for agriculture, primarily greenhouse construction and irrigation systems in Colombia and South America. The company recently announced its continued growth and expansion as a critical infrastructure supplier for some of Colombia's largest flower producers. The company also enhances its support and sales operations with international partnerships, notably Danziger International.