Denver, CO-based Medicine Man Technologies (OTCQB: MDCL) announced contracts with two new clients that will expand its cannabis cultivation consulting and branding business reach into Europe. Medicine Man is known for its Three-a-Light and Success Nutrients cultivation methodologies.
The company’s new clients include a German company competing for 7 of 10 tender bids related to growing medical cannabis in Germany. Medicine Man will provide substantial consulting as the firm gears up for its licenses.
Medicine Man will also provide services to Orion GMP Solutions, ensuring they meet GMP standards in US and internationally.
Over the past year, Medicine Man stock has subsided from a high of $5 to its current price of $1.35. It has a market cap of $25.64m with 19 million shares out.
Source: Medicine Man Press Release