Industry | 2014.04.11
Medican Enterprises Inc. Signs Definitive Purchase Agreement Acquiring 50% of International Herbs Medical Marijuana Ltd.
LAS VEGAS--(BUSINESS WIRE)--Medican Enterprises Inc. (OTCBB: MDCN) a bio-pharmaceutical company in the emerging global medical marijuana industry is pleased to announce its wholly owned subsidiary Canaleaf Systems Inc. (the Company) has signed a definitive purchase agreement to acquire 50 percent of International Herbs Medical Marijuana Ltd. (“IHMML”). In a move designed to signal the on-going development of the Company’s cultivation operations and further expand its sales activities, the acqui
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