MedPharm Splits From Schwazze, ‘Transaction No Longer Serves Either Party,’ CEO Says

Medical cannabis company MedPharm Holdings has parted ways with Schwazze Inc. (OTCQX: SHWZ). 

The Denver-cannabis manufacturer agreed not to extend the term sheet for a sale to Schwazze, which expires Wednesday, Sept. 30, the press release said.

Schwazze disclosed its intentions to acquire MedPharm last year.

MedPharm CEO Albert Gutierrez shared that “after more than a year and a half of …

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