Current Report Filing (8-k)
January 17 2017 - 8:01AM
Edgar (US Regulatory)
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form
8-K
Current Report Pursuant to Section 13 or
15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
January
13, 2017
MEDICINE MAN TECHNOLOGIES, INC.
(Exact name of small business issuer as
specified in its charter)
Nevada
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000-55450
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46-5289499
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer ID No.)
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4880 Havana Street
Suite 102 South
Denver, Colorado 80239
(Address of principal executive offices)
(303) 371-0387
(Issuer’s Telephone Number)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
On or about July 29, 2016 we filed a Form
8-K advising that on July 26, 2016, we executed a non-binding Term Sheet whereby we had reached an agreement to acquire Capital
G Ltd, an Ohio limited liability company and its three wholly owned subsidiary companies, Funk Sac LLC, Commodogy LLC, and OdorNo
LLC, in consideration for the issuance of an aggregate of 1.3 million shares of our Common Stock. Effective January 13, 2017, Medicine
Man Technologies and Capital G mutually agreed not to proceed with this transaction. Our respective managements have decided that it would be in the best interests of both
companies not to continue to move forward with this planned acquisition. We are currently in discussions with management of Capital
G as to the convertible promissory note we hold in Capital G and are optimistic that mutually agreeable arrangements for satisfaction
of that note will be reached. It is possible both parties may attempt to explore this potential acquisition opportunity again in
the future.
Our other pending acquisition of Pono Publications
Ltd. and Success Nutrients, Inc. is in the final stages of due diligence and while no assurances can be provided, we remain optimistic
that we will successfully close these transactions during the initial calendar quarter of 2017. It should also be noted that we
entered into an ‘Interim Agreement’ with both companies on or about October 20, 2016, as disclosed in an 8K filing
on that date that provided for the interaction between the companies pending closing of the acquisition, including various renewals
that were not dependent upon the successful completion of this acquisition but substantially benefit all parties.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MEDICINE MAN TECHNOLOGIES, INC.
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(Registrant)
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Dated: January 17, 2017
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By:
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/s/ Brett Roper
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Brett Roper,
Chief Operating Officer
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