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Top Seller Of Pharmaceutical Cannabis Outside US Grew By Double-Digits, Focuses On Germany

Benzinga ·  Aug 31 01:08

InterCure Ltd.(NASDAQ:INCR) (TASE:INCR) reported its financial and operating results for the six months ended June 30, 2024. The Israeli-based cannabis operator postedrevenue of NIS 126 million ($34.58 million), compared to NIS 147 million in the second half of 2023.The company noted that the October 7th terror attack affected the company's revenues in the first half of 2024 due to damages to its southern facility located at Kibbutz Nir Oz.

"Yesterday, we announced the expansion of our strategic partnership with Cookies to the German market, the largest market in Europe, which is experiencing accelerated growth and becoming a key target market for...

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