Ehud Barak (Flash 90 / Yossi Aloni)
Intercure, headed by former Prime Minister Ehud Barak, announced today (Thursday) the expansion of activity in the European market through its partnership with the international cannabis brand Cookies. The companies have signed a multi-year agreement under which Intercure is set to set up cookie shops as well as pharmacies to sell medical cannabis in Austria and the UK in early 2022, subject to local regulations.
“As we focus on new territories, it’s essential that our customers are confident that the quality in which cookies are known is maintained, a value we share with Intercure,” Parker said. Burling, President of Cookies. “We look forward to reaching customers in Austria and the UK and establishing Cookies as a key company in each of the communities.”
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Intercure, the exclusive partner of Cookies, already grows, manufactures and distributes the products of cookies that meet the GMP standard in Israel through the company’s leading pharmacy chain – Givol. Intercure will leverage its international supply chain to serve the growing community of medical cannabis patients in Europe.
“Cookies is one of the best-known cannabis brands in the world today,” Alexander said Rabinovich, CEO of Intercure. “With our joint success in Israel, it is natural for us to expand our operations to Europe by implementing our winning business model. “At a time when European markets are evolving and regulation continues to support cannabis companies, we expect to expand into new territories and provide customers with quality medical cannabis products at the highest level.”
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