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

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

Israel-based Medivie Therapeutic announced it entered right into a $110-million agreement having a European monetary investor to develop, produce, and export cannabis that are medical. This is basically the biggest deal of their type yet for An company that is israeli.

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

Underneath the deal, Medivie Therapeutic, as well as its subsidiary High Pharma, is going to earmark around 25 acres of land to develop and create as much as 50 a great deal of medical cannabis then export it to your buyer each Over a period of five years year.