DYE CAPITAL ANNOUNCES CLOSING OF A $14 MILLION STRATEGIC INVESTMENT WITH MEDICINE MAN TECHNOLOGIES
Dye Capital’s funding Medicine Man Technologies’ aggressive growth and further establish it as the industry leader in the state of Colorado
BOCA RATON, FL, June 6, 2019 – Dye Capital & Company, LLC, is proud to announce the closing on the first phase of an Initial $14 Million Investment in Medicine Man Technologies, a fully integrated operator in the cannabis industry, offering consulting, retail pharma-grade products, and turnkey solutions for cannabis cultivators for over a decade. This investment will advance Medicine Man Technologies as the premier Vertically Integrated Cannabis Operator.
Andy Williams, Co-Founder and Chief Executive Officer of Medicine Man Technologies, stated that “Dye Capital is the right partner for our Company with a unique set of skills and experience in merger and acquisition transactions, integration experience, and scaling operations. Our entire team is excited about teaming with Dye Capital.” Williams also states that “Medicine Man Technologies is pleased to announce that two key members of Dye Capital, Justin Dye and Leo Riera, will join the Board of Directors. Justin Dye, Dye Capital Managing Partner, will become the Chairman of the Board.”
Justin Dye, Dye Capital’s Managing Partner, indicated that “Medicine Man Technologies has the potential to become the premier cannabis operator in the United States. Andy Williams is one of the pioneers and an elder statesman of the cannabis industry. Andy is a man of integrity and the entire management team is excellent with exceptional people who we have grown to trust. We believe in Andy Williams and the management team. It is a talented team that has deep expertise and a great culture. This is the beginning of something great!”
Learn more about Dye Capital’s investment approaches at http://www.dyecapital.com
About Medicine Man Technologies
Medicine Man Technologies is a fully integrated operator in the cannabis industry, offering consulting, retail pharma-grade products, and turnkey solutions for cannabis cultivators for over a decade. Medicine Man Technologies is leveraging its expertise and intellectual property to vertically integrate retail, cultivation, formulation, and distribution operations. The Company’s client portfolio includes active and past clients in 18 states and seven countries.
About Dye Capital
Dye Capital & Company LLC is a private equity partnership focused on equity investments in companies with a path to growth and desire to innovate at speed. Dye Capital is headquartered in Boca Raton, Florida and owns interests in food retail and pharmacies, energy management, indoor climate equipment, battery charging services, and digital visualization and data science.