For the first time ever, an Israeli company will develop nutritional supplements based on cannabis and mushrooms: Tikun Olam-Cannbit signed a partnership agreement with Ambrosia-SupHerb, the leading company in Israel in the field of VMS

Aug 19, 2021

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.

PR Newswire

TEL AVIV, Israel, Aug. 19, 2021

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