Tikun Olam, once one of the world’s leading medical cannabis companies, sold its domestic assets for $42 million – or about half of its asking price of $100 million – according to Israeli media reports. Cannbit Pharmaceuticals has reportedly agreed to buy Tikun Olam’s operations in Israel. Rivals Bazelet Group and InterCure were also in Reports: Former cannabis heavyweight Tikun Olam sells Israeli assets for $42 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs [Read More ...] Originally posted on Reports: Former cannabis heavyweight Tikun Olam sells Israeli assets for $42 million via George Scorsis Medical Marijuana News
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George Scorsis
Mr. George Scorsis has more than 15 years of experience leading companies in highly regulated industries to rapid growth, including alcohol, energy drinks and, most recently, medical cannabis. ArchivesCategories |