In Israel’s Biggest Medical-cannabis Deal, Cannbit Buys Tikun Olam

$41.5 million sale comes after Tikun Olam failed to get permission to grow cannabis commercially

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Cannabis seedlings are cared for by a worker in a green house of the cannabis cultivating and processing plant at Revadim Industrial Center in Lod, Israel, on January 23, 2019.
Cannabis seedlings are cared for by a worker in a green house of the cannabis cultivating and processing plant at Revadim Industrial Center in Lod, Israel, on January 23, 2019.Credit: Bea Kallos / MTI / AP

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