Israeli Cannabis Producer CannoMed Eyes European Market, Builds Cultivation Facility
CannoMed, an Israeli cannabis company, announced Tuesday it has signed a 25-year leasing agreement for an area of 11 square meters (118.403 square-feet) in Israel.
The company plans to construct a 66 square-feet indoor cannabis cultivation facility on the grounds.
CannoMed is traded in the Tel Aviv Stock Exchange under the symbol CNMD.