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Middle East

International Marijuana Business News – Middle East

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2 employees of Israeli cannabis producer InterCure kidnapped by Hamas

By MJBizDaily Staff · October 19, 2023
Two employees of Israeli cannabis producer InterCure were among those kidnapped by Hamas when the militants infiltrated Israel’s southern border earlier this month, the company disclosed this week. Read More

Israeli, German operator IM Cannabis gets Nasdaq price warning

By MJBizDaily Staff · August 7, 2023

Philip Morris buying Israeli cannabis firm for up to $650M, report says

By Matt Lamers · July 19, 2023

Israel’s medical cannabis patient growth slows as industry awaits major reform

By Matt Lamers · April 13, 2023

Raphael Mechoulam, ‘father of cannabis research,’ dies at 92

By MJBizDaily Staff · March 10, 2023

After exiting Canada, Israel’s IM Cannabis reorganizes business

International medical cannabis company IM Cannabis Corp. is reorganizing its management and operations, including cutting up to 25% of its workforce.

March 9, 2023
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Canadian producer Atlas buying more Israeli cannabis pharmacies

Canadian marijuana producer Atlas Global Brands entered into binding letters of intent to buy majority positions in two cannabis pharmacies in Israel.

March 7, 2023
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Marijuana company Atlas Global, Snoop Dogg sign international licensing deal

Canada-based global marijuana company Atlas Global Brands signed an “exclusive international licensing agreement” with hip-hop artist Calvin Broadus Jr., better known as Snoop Dogg.

March 2, 2023
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InterCure’s $35M purchase of Israeli marijuana producer Better scrapped

Israeli cannabis producer InterCure’s proposed acquisition of rival medical marijuana company Cann Pharmaceutical, also known as Better, was terminated after the companies failed to bridge differences.

February 1, 2023
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IM Cannabis to raise up to $5.5 million; Trichome Financial sale approved

Publicly traded international medical cannabis company IM Cannabis Corp. is launching two non-brokered private placements to raise as much as $5.5 million.

January 13, 2023
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Israel experiences another disruption to cannabis shipments, report says

Israeli police told the operators of the cargo terminal at Ben Gurion Airport, the country’s main international airfield, to stop shipments of medical marijuana, The Israeli Cannabis Magazine reported.

July 5, 2022
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Israel cannabis producer InterCure buying Better for $35 million

Herzliya, Israel-based cannabis producer InterCure is buying rival medical marijuana company Cann Pharmaceutical, also known as Better, for $35 million (44.4 million Canadian dollars) in stock.

February 16, 2022
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‘Best days are to come’ for cannabis industry, MJBizCon attendees believe

December 1, 2023November 30, 2023 Kate Robertson
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