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Schwazze scraps deal to purchase Colorado marijuana edibles maker

Schwazze added to its growing list of scuttled deals by terminating its planned acquisition of a fellow Denver-based cannabis company, infused edibles manufacturer Canyon. According to the company’s 8-K filing on Oct. 9, the term sheet that detai…

Cannabis Industry & Marijuana Business Briefs cannabis mergers and acquisitions Colorado Medical Cannabis Business & Marijuana Legal News Marijuana Sales, Funding & Banking News Medicine Man Technologies. MedPharm Recreational Marijuana News Schwazze United States Cannabis Industry & Marijuana Business News

Schwazze backs out of deal to acquire marijuana R&D firm MedPharm

Denver-based Schwazze said it has terminated its planned acquisition of MedPharm, a medical marijuana company in the same city that landed Colorado’s first cannabis research and development license. Schwazze said earlier this year it had moved fo…