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.
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.
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.
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.
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.
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.
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.
