Israeli company Medivie signs $110M deal with European investor to export medical cannabis

By: ppblogger | September 14, 2019 3:46 am

Israeli company Medivie signs $110M deal with European investor to export medical cannabis

Israel-based Medivie Therapeutic announced it joined right into a $110-million contract with a European monetary investor to develop, produce, and export cannabis that are medical. This is actually the biggest deal of its type yet for an Israeli business.

With its statement, nevertheless, Medivie would not determine the international investor.

Underneath the deal, Medivie Therapeutic, along with its subsidiary tall Pharma, goes to earmark around 25 acres of land to develop and create as much as 50 a lot of medical cannabis then export it towards the buyer each 12 months over a length of five years. Continue Reading >>

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