06 Sep 2017

Canada’s Cronos teams with partner to grow medical cannabis for export from Israel

By Matt Lamers Cronos Group is partnering with an Israeli collective settlement to grow medical marijuana in northern Israel, becoming what is believed to be the first Canadian MMJ producer to establish a production facility overseas for global exports. The partnership, announced Wednesday, brings together Toronto-based Cronos Group with Gan Shmuel, a kibbutz about 60 kilometers north of Tel Aviv that also owns a stake in an Israeli company that grows and sells citrus fruits. Cronos plans to export the MMJ to overseas markets and ultimately hopes to generate nearly 200 million Canadian dollars ($160 million) a year ... Canada’s Cronos teams with partner to grow medical cannabis for export from Israel is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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