Tag : Israel

CCT Impact

Panaxia Israel announces estimated record revenues of at least 19 million in Q1 2021

CCT IMPACT Agent
The Israeli subsidiary of Panaxia Global, Panaxia Labs Israel Ltd. (“Panaxia Israel”) (TASE: PNAX), Israel’s largest manufacturer of medical cannabis products, today announced its estimated revenues for the first quarter of 2021. According to Panaxia’s estimates, its consolidated (unaudited) revenues for the first quarter of 2021 are expected to reach no less than 19 million.......
CCT Impact

Subversive Acquisition LP Provides Update on Qualifying Transaction with Intercure, Israel’s Leading and Fastest-Growing Cannabis Company

CCT IMPACT Agent
SUBVERSIVE ACQUISITION LP (TSX: SVX.U) (NEO: SVX.U) (OTCQX: SBVRF) (“SVX“) provided an update today on its qualifying transaction to combine with InterCure Ltd. (dba Canndoc) (TASE: INCR) (“InterCure“), Israel’s leading cannabis company (the “Qualifying Transaction“). 1. Closing SVX currently expects the Qualifying Transaction to close (the “Closing“) on April 8, 2021. 2. Meeting SVX will hold a special......
CCT Impact

Canonic Received Approval for Propagation of Medical Cannabis from the Israel Medical Cannabis Agency

CCT IMPACT Agent
Canonic, a wholly owned subsidiary of Evogene Ltd. (NASDAQ: EVGN), (TASE: EVGN) focused on the development of medical cannabis products, announces today receiving an IMC-GAP approval from the Israel Medical Cannabis Agency for the commercial operation of its propagation farm. This approval will allow Canonic to proceed with the execution of......
Market Watch

Panaxia Global Reports: Panaxia Israel Continues to Grow

CCT IMPACT Agent
The Israeli subsidiary of Panaxia Global, Panaxia Labs Israel Ltd. (Panaxia Israel) (TASE: PNAX), the largest manufacturer of medical cannabis products in Israel, today reported the financial results for the second quarter and first half of 2020. Quarterly revenues, 2018-2020, in millions Dr. Dadi Segal, CEO of Panaxia Global, said, “The past six months have been......
Politics

Trump Could Use U.S. Trade Agreements to Bully Canada’s Emerging Cannabis Industry

Editor
Last month, (allegedly) following a call from U.S. President Donald Trump, Israeli Prime Minister Benjamin Netanyahu delayed a long-held plan to export Israeli medicinal cannabis. It was a troubling moment for Canada’s cannabis sector, as it signaled the possibility that he could try a similar direct or indirect tactic to......
Business Global Politics

Trump Persuades Israeli Prime Minister to Halt Plans for Cannabis Exports

Editor
Israeli Prime Minster, Benjamin Netanyahu, has been persuaded by the United States President Donald Trump to haunt the country’s plan to become a leading exporters of medicinal and recreational cannabis around the world. In a recent conversation between the two, President Trump expressed his concerns over Isreal’s plans to export......