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Cannara Completes Acquisition of Medican Organic Inc.

MONTREAL, May 06, 2026 (GLOBE NEWSWIRE) -- Cannara Biotech Inc. (“Cannara”, the “Company”, “us” or “we”) (TSX: LOVE) (OTCQX: LOVFF) (FRA: 8CB0), a vertically integrated producer of premium-grade cannabis products at affordable prices, with two mega facilities based in Québec spanning over 1,600,000 sq. ft., today announced the closing of a transaction to acquire all of the shares of Medican Organic Inc. (“Medican”), a wholly owned subsidiary of BZAM Ltd., for an aggregate purchase price of $2.8

articleCannara Biotech, Inc.May 6, 20265/company/cannara-biotech-inc-1/news/cannara-completes-acquisition-of-medican-organic-inc
Cannara Completes Acquisition of Medican Organic Inc.

About this update from Cannara Biotech, Inc.

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