Former Israeli PM Ehud Barak to Serve as Medical Marijuana Firm’s Chairman
JERUSALEM (AP) — Former Israeli Prime Minister Ehud Barak has been appointed chairman of an Israeli medical cannabis company.
The company, InterCure, announced Sept. 26, 2018, that Barak would be coming on board as chairman. Barak, who served as prime minister while leading the Labor Party from 1999 to 2001 as well as defense minister as a member of the Labor and Independence parties from 2007 to 2013, has remained in the public eye since leaving politics, often criticizing government policies.
InterCure said Barak will lead its global growth strategy. In a statement, it said Barak’s “stature” will be helpful for the company’s development.
The company, which is publicly traded in Israel, intends to change its name to Canndoc Pharma.
Israel has attempted to position itself as a global leader in medical cannabis. It has long permitted marijuana for medical use and has been considering allowing the industry to export.