Canada’s Maricann to Acquire Malta’s Medican Holdings in Stock and Cash Deal

Maricann Group Inc. has agreed to acquire Medican Holdings Ltd, whose subsidiary Medican Research Group is one of six companies that has received a medical cannabis license in the Republic of Malta. The cash-and-stock deal is worth $10.1 million, comprised of $7.6 million in common shares at no less than $2.35, and $2.5 million in […]

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Canadian MMJ Company Acquires Malta-based Lab to Produce and Distribute Cannabis Oils

Canadian medical cannabis producer Nuuvera has acquired Malta-based laboratory ASG Pharma, one of few Maltese Good Manufacturing Practice labs. ASG Pharma is expected to be one of Nuuvera’s hubs for medical cannabis oil production and distribution. “It is clear that Malta specifically and the European Union generally intend to make consumer protection a priority, and […]

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