Sep. 29 at 9:36 PM
$INCR I presume all of the sell pressure today was from the recent acquisition of ISHI. A good day to unload shares, as this stock had unusually high daily volume thanks to Mr. Trump pumping up the sector.
"The company said that it would acquire ISHI in two phases. The company would initially acquire 50% of equity for about 2.47 million InterCure ordinary shares. "
I think the acquisition is brilliant. The timing could prove particularly advantageous for InterCure, securing exclusive partnerships with premium American cannabis brands including The Flowery, a leading vertically integrated medical cannabis company with operations in Florida and New York. Immediate access to the American market with its GMP (highest medical grade) cannabis.
Let's not forget who sits on Intercures board, Former prime minister Ehud Barak. We all know Trump gets along with the Israeli's, so it's possible Intcercure has insider info that the cannabis will be rescheduled!
