Israel Cannabis Major market to watch in 2021LINK to full article
https://www.technical420.com/cannabis-article/israel-will-be-one-of-the-cannabis-sectors-major-international-growth-markets-to-watch-in-2021/ HEXO Corporation (HEXO: NYSE) (HEXO: TSX) is another large-scale Canadian cannabis producer that has attractive leverage to the Israeli cannabis market. A few months ago, the company announced a strategic supply agreement with Breath of Life (BOL) which is also considered to be a leader in the Israeli market. During the last quarter, HEXO has reported a few substantial developments and we believe the moves that it has made in Israel are going to play an important role in the success of the business over the long-term. Similar to Cantek, BOL has formed strategic distribution network and we are favorable on this aspect of the story. BOL is a GMP Israeli medical cannabis company that has an established distribution network through pharmacies. BOL works with Super-Pharm, Israel’s largest pharmacy retailer with 258 locations and we are favorable on the amount of distribution that BOL brings to the relationship with HEXO. For HEXO, we believe that the relationship with BOL represents a major growth opportunity and think that it could help turn the operation around. The focus on the international cannabis market is an important aspect of the HEXO story and we will monitor how this side of the business ramps up in 2021 and beyond