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Israeli Cannabis Operator Canndoc to Buy Better Holdings for $35 Million – New Cannabis Ventures


April 5, 2021 at 10:32 am
Published by NCV Newswire
Subversive Acquisition LP Announces InterCure’s Letter of Intent Relating to the Acquisition of a Multi-National Medical Cannabis Producer, Better Holdings
InterCure Signs Letter of Intent with Cann Pharmaceutical Ltd.
Acquisition Strengthens InterCure’s Position as the Largest Cannabis Company Outside of North America
TORONTO, April 05, 2021 (GLOBE NEWSWIRE) SUBVERSIVE ACQUISITION LP (TSX: SVX.U, NEO: SVX.U, OTCQX: SBVRF) (“SVX”) announced today that InterCure Ltd. (dba Canndoc) (TASE: INCR) (“InterCure”), Israel’s leading cannabis company and SVX’s intended target for its “Qualifying Transaction” (the “Transaction”), has signed a Letter of Intent (“LOI”) with Cann Pharmaceutical Ltd. (“Cann”) to acquire Better Holdings (“Better”), a pioneering medical cannabis operator in Israel and Australia. Under the terms of the agreement, InterCure will acquire 100% of Can ....

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InterCure teams with Austrian co to market cannabis products

InterCure teams with Austrian co to market cannabis products
globes.co.il - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globes.co.il Daily Mail and Mail on Sunday newspapers.

Tel Aviv , Ehud Barak , Elijahu Chassidov , Alexander Rabinovitch , Tel Aviv Stock Exchange , Brightfield Group , Intercure Austrian , Subversive Acquisition , தொலைபேசி அவிவ் , எஹட் பராக் , தொலைபேசி அவிவ் ஸ்டாக் பரிமாற்றம் ,

ARK invests $8m in Israeli cannabis co InterCure


ARK invests $8m in Israeli cannabis co InterCure
ARK s Israeli ETF bought a 2.4% stake in InterCure, which is worth NIS 775 million.
ARK Exchange Traded Funds (ETF) has invested $8 million in Israeli cannabis company InterCure (TASE: INCR). This is part of ARK s recent spending spree on Israeli companies after setting up an Israeli ETF. InterCure is set to merge with a SPAC (special purpose acquisition company) on the Canadian stock exchange, and ARK now has a 2.4% stake in InterCure worth NIS 775 million. ARK bought the shares at NIS 6.46, similar to today s price.
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InterCure is the only cannabis company in ARK s Israeli ETF and other companies are Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT), ad-tech company Perion Network Inc. (Nasdaq:PERI: TASE:PERI), immunotherapy drug developer Enlivex Therapeutics (Nasdaq: ENLV), computational biology company Evogene Ltd. (TASE:EVGN), stem cell treatment company Gamida Cell Ltd. (Nasdaq: GMDA) and ....

Ehud Barak , Alexander Rabinovitch , Ark Exchange Traded Funds , Gilat Satellite Networks Ltd , Perion Network Inc , Evogene Ltd , Gamida Cell Ltd , Traded Funds , Gilat Satellite Networks , Perion Network , Enlivex Therapeutics , Gamida Cell , Subversive Real Estate Acquisition , எஹட் பராக் , பேழை பரிமாற்றம் வர்த்தகம் செய்யப்பட்டது நிதி , கிலாட் செயற்கைக்கோள் நெட்வொர்க்குகள் லிமிடெட் , வர்த்தகம் செய்யப்பட்டது நிதி , கிலாட் செயற்கைக்கோள் நெட்வொர்க்குகள் ,