Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF),
with today’s announcement that the medical cannabis bill will go to the Knesset
agenda, has commented on the potential of Israel to allow the medical export of
its products to global markets. Redfund is in the process of compiling final
due diligence protocols surrounding several identified Israeli clients to
become portfolio companies to execute its growth strategy into North America
and Europe. “We are looking to Israel as our next country to forge strong
relationships with for our banking initiatives,” Redfund CEO Meris Kott stated
in the news release. “Israel has always led with a strong generic drug footprint.
I am looking forward to working closely with partners in Israel in the very
near future and capitalizing on current opportunities.”
To view the full press release, visit http://ibn.fm/ZzYUy
About Redfund Capital Inc.
Redfund intends to provide debt and equity funding in the
mid-to-late stages of a target company’s development or in technologies that
are developed and validated by revenues. The present focus of the merchant bank
is on medical cannabis, hemp and CBD-related and healthcare-related companies.
For further information, visit the company’s website at www.RedfundCapital.com
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