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Medicine Man buying five Colorado cannabis stores

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Denver-based Medicine Man Technologies, a vertically integrated marijuana retailer, announced Tuesday it's acquiring five Colorado cannabis shops from Starbuds in a $31 million cash and stock deal. The companies entered into a binding term sheet that calls for Medicine Man Technologies to: Medicine Man is projecting the five stores will generate $19 million in revenue this year, the company said in a statement. The move adds to Medicine Man's existing four Colorado storefronts, and brings its...

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