MedReleaf: MedReleaf Enters Colombian Market, CV Sciences Delivers Strong Sales, Aurora Pays For Employees' Medical Marijuana

Cannabis companies announced a number of expansions Wednesday. Here is the industry's top news of the day.An AcquisitionMedReleaf Corp (OTC: MEDFF) acquired MED Colombia for €2.75 million in cash. The purchase secures licenses to cultivate cannabis and produce extracts in Colombia, which will feed MedReleaf's global supply chain with low-cost, high-quality raw materials."As the legalization of medical cannabis continues to expand, we must ensure that our ability to cultivate cost effectively extends beyond Canada to supply our global operations," MedReleaf CEO Neil Closner said in a statement. "Colombia has one of the best climates in the world for cannabis cultivation and excellent regulation to protect the rights of growers and operators."Through the ...Full story available on Benzinga.com