Intercure (IRCLF) - Uruguayan Cannabis Co. Fotmer Life Sciences Signs Supply Agreement With Israel-Based Candoc
Canndoc, a fully owned subsidiary of Intercure Ltd. (INCR:TA) (OTC:IRCLF). Under the terms of the deal, Fotmer will supply up to 3,000 kgs. of high-quality bulk dried flower to Canndoc per year. Canndoc will then process that into finished products and co-brand it under the Canndoc and Fotmer names. The supply agreement also allows for the parties to launch branded medical products in the Israeli and E.U. markets, and grants exclusivity and related rights to Canndoc within the Israeli market for a period of up to 7.5 years. “Driven by the mission to increase the global supply of GMP-certif...