MA holding company helps Israeli MMJ firm expand US reach

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Medical marijuana research firm Tikun Olam has expanded its partnership with a canna-centric Massachusetts holding company that will eventually increase the Israeli business’ U.S. footprint to seven states.

Under its new agreement with Newton, Massachusetts-based holding company MariMed, Tikun Olam’s MMJ products will be grown, manufactured and sold in four states where MariMed has a presence – Illinois, Maryland, Massachusetts and Rhode Island.

The arrangement will begin in 2018, according to a joint news release.

Tikun Olam of Tel Aviv currently has products in Delaware and Nevada dispensaries and plans to move into the Washington state market in November.

MA holding company helps Israeli MMJ firm expand US reach is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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