InterCure Wins Cannolam Arbitration Proceeding; InterCure Holds 100% Of The Shares In Cannolam; Amount Owed Will Be Determined And Paid As Part Of A Full Separation Process
Portfolio Pulse from Benzinga Newsdesk
InterCure has won an arbitration proceeding against Cannolam. As a result, InterCure now holds 100% of the shares in Cannolam. The amount owed will be determined and paid as part of a full separation process.
October 31, 2023 | 8:54 pm
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POSITIVE IMPACT
InterCure's victory in the arbitration proceeding against Cannolam has resulted in the company holding 100% of the shares in Cannolam. The financial impact will be determined during the separation process.
InterCure's victory in the arbitration proceeding is a positive outcome for the company as it now holds 100% of the shares in Cannolam. This could potentially increase the company's assets and overall value. However, the financial impact will only be determined during the separation process, which could introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100