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

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

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

With its statement, nonetheless, Medivie would not recognize the worldwide investor.

Underneath the deal, Medivie Therapeutic, as well as its subsidiary tall Pharma, is certainly going to earmark around 25 acres of land to create and create as much as 50 a great deal of medical cannabis then export it to the buyer each Over a period of five years year. (daha&helliip;)