Author: Tikun Olam Cannbit
Tikun Olam-Cannbit signed a partnership agreement with Ambrosia-SupHerb, the leading company in Israel in the field of VMS
The two will launch a joint pilot for R&D, production and marketing of cannabis- and mushroom-based nutritional supplements to be marketed in Israel and on the growing European market
The company is also planning to allocate Ambrosia-SupHerb 4.98% of its shares through a material private placement for approximately NIS 12 million, at a share price of NIS 5.26.
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