Medcolcanna Teams With Greenstein Capital On Distribution, Secures Financing

Medcolcanna Organics Inc. (TSXV: MCCN) has teamed up with Greenstein Capital Ltd. to distribute its products in Europe.

The Bogota, Colombia-based company has entered into a deal with GC’s subsidiary, a privately-owned Maltese company, to distribute at least 1,000 kilograms of active cannabinoid ingredients annually.

The agreement also includes a transferring of bulk products and a COGS plus 25% price on all finished goods.

MCCN also secured financing through the issuance of its 10 million common shares at …

Full story available on Benzinga.com

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