Israeli medical cannabis company Tikun Olam to provide UK with products – The Jerusalem Post


Israeli medical cannabis company, Tikun Olam Cannbit Pharmaceuticals, signed an unconditional and binding agreement using ITH Pharma UK to provide medical cannabis products for distribution in the UK and Northern Ireland, the company has announced. 

ITH Pharma Ltd UK will distribute 37 million euros value of Tikun Olam’s health cannabis oils in accord with its own three year agreement. The products will be marketed under ITH, together with the company’s name onto the packaging. 
In 2020, the Israeli company signed an MoU of collaboration with ITH for the supply of CBD oil and other medical cannabis products in the UK, and has since moved forward with previous week’s agreement. 
The deal is part of Tikun Olam’s endeavors to maximize its market abroad and provide medical cannabis across the world. It has also collaborated with Brazil, Germany, Austria, and Switzerland. 
Only a day before, on Wednesday of last week the company reported that it formally entered the Brazilian market for first time, after signing a deal with the Brazilian company Ease Labs.