Israeli, Canadian firms partner to run four US marijuana facilities

An Israeli medical marijuana company is teaming up with a Canadian firm with the goal of opening four MMJ production facilities in the United States. Israel-based Panaxia and the Canadian Bioceutical Corp. have signed a contract in which CBC will finance the four projects while Panaxia will oversee construction and then manage the operations, Israeli financial daily Globes reported. The four new plants will be located in Arizona, Nevada, Maryland and Massachusetts, and the companies hope to have some of them up and running by the end of the year. Both companies already have a presence in ... Israeli, Canadian firms partner to run four US marijuana facilities is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs