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Medicine Man Technologies, Inc. (MDCL)

Medicine Man Technologies, Inc. represents and licenses the cultivation and dispensary Intellectual Property (IP) of Medicine Man - a well-respected Tier III operator in Colorado. Medicine Man Technologies provides cultivation consulting services for cannabis growing technologies and methodologies. The Company is one of the nation's foremost cannabis brand development and consulting enterprises. Established in 2014, Medicine Man is based in Denver, Colorado. The Company lists on the OTCQB.

Medicine Man works closely with industry-leading extraction partners. These partners provide the required licensing service support and formulations to help customers with their planned deployment of a successful processing facility.

At present, Medicine Man Technologies has 63 active clients in California, Oregon, Colorado, Nevada, Illinois, Michigan, Arkansas, Pennsylvania, Florida, Ohio, Maryland, Massachusetts, Puerto Rico, Australia, Canada, Germany, and South Africa.

The Company is concentrating on working with clients to use its experience, technology, and training to help secure a license in states with newly emerging regulations. In addition, it is centering on deploying its highly effective variable capacity constant harvest cultivation practices through its deployment of Cultivation MAX, and eliminating the liability of single grower dependence.

Medicine Man is also continuing the expansion of its Brands Warehouse concept. Also, the Company engages in retail operations of cannabis products. It additionally provides general business and referral management for other related service providers for its customers. It cultivates and sells through its parent company Medicine Man Denver, the largest cultivation/retail facility in the State of Colorado.

Medicine Man's risk-averse cannabis cultivation technology delivers consistent, high quality, high yield production within a clean-room style environment. The Company's state-of-the art dispensary model ensures patients and consumers have safe and secure access to a variety of medical and/or recreational cannabis products.

Earlier, Medicine Man Technologies announced that the definitive agreement to acquire Denver Consulting Group, LLC was executed by the parties on July 21, 2017. The acquisition became effective on July 24th upon the filing of applicable documents with the Colorado Secretary of State. Denver Consulting Group has offices in Denver, Colorado, and Portland, Oregon.

Medicine Man Technologies has recently added two new clients. The company now has cultivation projects representing just over 700,000 gross square feet of California based project space. These projects represent numerous clients, some of which are considering stacking of the 10,000-square foot license type (small indoor) as presently expected to be allowable under the initial draft regulations recently released.




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