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InterCure Stock Eyes Breakout as Trump Signals Cannabis Rescheduling, Expanding Flowery Partnership $INCR
Israeli Cannabis Leader InterCure Snatches Up Premium Tech Company as Trump Signals Rescheduling $INCR
$INCR - InterCure Announces Strategic Acquisition of ISHI, Unlocking Access to Premium U.S. Cannabis Technology and Brands (NASDAQ: INCR)
InterCure Announces Strategic Acquisition of ISHI, Unlocking Access to Premium U.S. Cannabis Technology and Brands
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Ooooh, tell me more about ISHI. I'm still digging into it, and doubt I have the details straight let alone the big picture opportunities it presents. They get some ai tech that will hopefully enhance cultivation efficiencies and strategically plan for market demand. I don't know enough about such things to know if that's legit, or just marketing bs. Same goes for the large.genetic library. I imagine there's value there but don't understand it enough to assess such things. And then there's the branding rights. They got the genetics and internstional branding/distribution rights for a bunch of emerging cult brands such as 710 Labs, Cookies, etc as well as the Flowery, which is Vireo in Fla and NY. And that Vireo connection in particular presents a natural bridge into US ops when/if permitted. Kinda sorta accurate?
+ their recent acquisition of ISHI which provides access to us Cannabis genetics..it's a strategic move with potential pathway to us entry.
Yup.. they are definitely short on cash and I don't think they have any major backing. I have a tiny position in for now just to keep them on my list. I think with Ehud Barak out of the board I am not sure if they have same connections as they previously did, but they definitely are one to watch out esp with their acquisition of ISHI from last year.