Former Health Ministry CEO Prof. Itamar Grotto, along with Pharmacy Federation Chairman David Pepo, former New Pharm CEO Yiftah Sri and founder of Bull Pharma Tamir Gedu, Involved in the deal under which Canadian cannabis company first acquires control of pharmacies and cannabis trading in Israel .. says media report
Canadian cannabis company Atlas Global Brands (Atlas Global Brands) is entering significant activity in the Israeli cannabis industry and becomes the first foreign company to operatecannabis pharmacies and commerce in Israel. Activities in Israel will be carried out through a rotational transaction by an Israeli company called Cambrosia (Cambrosia), which Atlas recently acquired.
Cambrosia, founded by Tamir Gedu,Veterans of the industry, And his partner Abby Alkim, acquires Atlas control (51%) at Cannabis Pharmacy “ Harmony ”In Tel AvivandIn JerusalemAnd in the cannabis trading houseIn Tel Aviv, JoiningPharmacy “TELLs ”In Ramla, which is controlled by (51% ), she recently acquired from David Pepo, Hugh ” the Pharmacy Association, who remained with 49% and was appointed director.
In exchange for the sale of Cambrosia to Atlas ( together with the new assets ), Gedo, Alkim and Pepo will receive, as well as other shareholders and directors of Cambrosia – Lior Chen, Jonathan Ben Canaan, Samuel Levy, Dov Ivy and Yiftah Sri ( ”L New Pharm CEO and former Katzet ) – Shares and appointments as directors of Atlas, and will be responsible for Atlas cannabis activity in Israel, which is expected to expand.
Sean Hocking
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