It’s Israel’s biggest and oldest medical marijuana company, but until this week, when a court issued an interim order allowing it to resume sales of cannabis flowers, it had been effectively banned from the market.
As of Tuesday morning, Tikkun Olam had resumed sales at its retail shops in Tel Aviv and the Galilee town of Safed as well as by mail order. But Israel’s police and the Health Ministry still refuse to give the company’s Kfar Yehoshua farm an operating license, and the two sides are continuing to fight it out in court.
Why they are still refusing isn’t entirely clear, but they pointed a finger in court at Tzachi Cohen, Tikkun Olam’s founder and controlling shareholder and a global medical marijuana entrepreneur who made $255 million in a mergers and acquisitions deal last year.
“There exists significant intelligence regarding Cohen that raises fears concerning the safety and security of the public,” the ministry and policer told Judge Eli Abravanel of the Central Administrative Court.
The intelligence, gathered since March 2018, was outlined for Abravanel in a closed session, which Cohen’s lawyer agreed to keep confidential to protect his client’s privacy. [Read more at Haaretz]