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Los Sueños acquired by Medicine Men

#1

One of Colorado’s largest vertically-integrated cannabis holding firms, Medicine Men Technologies have entered a acquisition agreement to purchase Colorado’s largest outdoor cannabis farm, Los Sueños Farms, as well as dispensaries Purplebee’s and MesaPur.

Los Sueños was also the subject of Episode 4 of Canna Cribs.

Here’s a link to the MJBizDaily article regarding the acquisition.

What do you think this acquisition means for the cannabis industry in Colorado? How about for the cannabis industry domestically?

6 Likes
#2

The industry will be owned by 4 companies when all is said and done, just like the communication industry. Medicine Men Tech will be bought by someone else within in the next few years, I bet.

4 Likes