MGC Pharma signed binding term sheet to acquire Medicinal Cannabis Clinic
PERTH: MGC Pharmaceuticals Ltd, a European based bio-pharma company has signed a binding term sheet with Cannvalate Pty Ltd (CVL) to acquire 100% of the operating clinic based assets, data and intellectual property of its wholly owned subsidiary Medicinal Cannabis Clinic Pty Ltd, a news release said. Consideration due for the acquisition upon completion of…