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First Commercial And Exclusive Agreement Signed Between ‘Teva Israel’ And ‘Cannbit-Tikun Olam’ – For Marketing And Distribution Of Medical Cannabis Oil

Published by
The Street

By PR Newswire TEL AVIV, Israel, Dec. 27, 2021 /PRNewswire/ — Teva Israel and Cannbit-Tikun Olam (TASE: TKUN) signed an exclusive and mutual collaboration agreement, in which Cannbit-Tikun Olam will produce several medical cannabis products, administered as oils rich in THC and CBD, for Teva Israel. This will be done according to Teva’s instructions and stringent standards, and the products will be exclusively marketed, and distributed by Teva in Israel and the Palestinian Authority. The oils are based on strains developed by Cannbit-Tikun Olam and selected exclusively by Teva Israel due to …

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