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Israel's Ehud Barak, Out of Politics, Turns to Medical Marijuana

  • Former prime minister opens Tel Aviv stock trading Wednesday
  • As chairman of InterCure, says market potential is enormous
Inside The Hexo Corp. Cannabis Facility As Marijuana Is Legalized In Canada
Photographer: Chris Roussakis/Bloomberg

Israel’s most decorated soldier is going to pot.

Ehud Barak, a former prime minister and military commander-in-chief, rang the bell Wednesday to open trading on the Tel Aviv Stock Exchange for InterCure Ltd., a biomedical company he chairs. The company recently completed its acquisition of Canndoc Pharma, which holds one of just eight coveted licenses from Israel’s Health Ministry to grow medical-grade marijuana, making it the only publicly traded pot producer in the Holy Land.