January '20 Globes
Two Israeli medical cannabis companies are merging – Cannbit Pharmaceuticals Ltd. has completed its acquisition of “Tikun Olam” activity in Israel. Simultaneously, Cannbit completed a public equity offering of NIS 26.5 million, a big step in the Israeli medical cannabis industry. Cannbit was represented by Adv. Israel Shimonov and Adv. Nir Cohen Sasson.
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