Connect with us

Hi, what are you looking for?

Thursday, Mar 28, 2024
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

Business

Cookies and InterCure to open flagship CBD shop in Austria

This month, InterCure and Cookies opened two dispensaries in two different countries

InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) has opened the first Cookies-branded shop in Austria. 
Photo via Cookies

InterCure Ltd. (NASDAQ: INCR) (TSX: INCR.U) (TASE: INCR) is set to open the first Cookies-branded shop in Austria.

The company announced Tuesday, the shop will be located in the Neubau district of Vienna and will offer Cookies’ unique CBD menu, available for the first time in Europe as well as other products.

InterCure says that as regulations are evolving, pharmaceutical-grade medical cannabis will be available for Austrian patients, including Cookies EU-GMP THC products. It says the Vienna launch represents the spearhead of an expansion into additional European countries.

InterCure and Cookies recently inaugurated a 1,000-square-meter flagship Cookies pharmacy in Be’er Sheva, the largest city in Israel’s southern region.

Company stock stayed flat at $5.78 on the Toronto Stock Exchange.

Read more: InterCure and Cookies open cannabis pharmacy in Israel

Read more: Pure Sunfarms launches Cookies concentrates in Canada

“We are proud to make another big advancement in the expansion of our winning model into Europe and deliver on our promise to supply the highest quality and reliable cannabis products to every territory with a supportive regulatory framework,” InterCure CEO Alexander Rabinovitch said.

“We look forward to welcoming Austrians and the millions of tourists who visit Vienna to the first Cookies’ location in the country. I am grateful for the amazing work of our teams in Europe and partners at Cookies who helped make this successful launch and look forward to the many more to come across the continent.”

San Francisco-based Cookies was founded in 2010 by Gilbert Anthony Milam, commonly known by his rap alias Berner, and his growing partner Jai. It carries products such as Cake Mix, Melonatta, Fly and Ooh La La which are cultivated at InterCure’s southern facility

“Bringing the Cookies brand and its products to Vienna is a core part of our global expansion strategy.  By partnering with a global partner like InterCure, we can share cannabis-based medicine and culture from California to Europe,” president of Cookies Parker Berling said.

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Business

Cookies products will also be available at TerrAscend's pot shops The Apothecarium and Keystone Canna Remedies

Business

New collaborative product line will launch this fall across the U.S.

Business

The retailer has been constantly expanding in California

Business

Cookies Corners will have Cookies' wall art, merch and soon-to-launch vapes and pre-rolls