Medican Enterprises, Inc. (OTCPK:MDCN.D) signed a definitive agreement to acquire TWYNS for $0.6 million on April 27, 2015. As part of consideration, shareholders of TWYN will receive $12,000 per month for a 12 month period commencing on the closing date hereof. Additionally, Medican will issue 5 million shares of restricted common stock initially and 2 million shares restricted common stock in 6, 18 and 30 months from date of agreement. Following the Closing, TWYN will be a wholly owned subsidiary of Medican. The Board of Directors of Medican Enterprises and the shareholders of TWYN have approved the transaction. The transaction is subject to successful due diligence review.

Medican Enterprises, Inc. (OTCPK:MDCN.D) completed the acquisition of TWYNS on May 6, 2015.