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InterCure Ltd., including its subsidiaries, is actively involved in the entire lifecycle of medical cannabis products. This encompasses everything from initial research and cultivation to manufacturing, marketing, and global distribution, serving both the Israeli market and international territories. The company's offerings feature dried cannabis flower alongside cannabis extracts infused with oil. Beyond its core cannabis operations, InterCure also directs investments towards the biomedical sector. Founded in 1994, the firm's main offices are located in Herzliya, Israel.
InterCure Ltd. Announces 1-for-5 Reverse Share Split
InterCure announced a 1-for-5 reverse share split effective August 24, 2026, aimed at regaining compliance with Nasdaq’s $1.00 minimum bid price requirement.
The company expects to receive a Staff Delisting Determination but intends to appeal, allowing shares to continue trading during the process.
The reverse split will reduce authorized shares to 20 million and outstanding shares to approximately 11.8 million, with fractional shares rounded down.