AMMJ - American Cannabis agrees deal for Naturaleaf in Colorado

American Cannabis ([[AMMJ]] +5.0%) announces that it has executed a material definite agreement to acquire the assets and operations of Medihemp and its wholly owned subsidiary SLAM Enterprises and Medical Cannabis Caregivers, all doing business as Naturaleaf, located in Colorado.Naturaleaf operates three licensed medical marijuana centers, including a 10K square foot cultivation facility containing non-volatile extraction facilities, and has provided patients with quality cannabis, cannabis-derived products and related accessories for over ten years.American Cannabis also plans to acquire additional local and national cannabis assets and brands, with the goal of creating a portfolio of cannabis assets elevating the consumer experience through a commitment to wellness, quality products, and cleaner green practices.

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American Cannabis agrees deal for Naturaleaf in Colorado