Subversive Real Estate Acquisition completed the acquisition of InterCure for $300m.

Subversive Real Estate Acquisition REIT, a special purposes acquisition company, completed the acquisition of InterCure, the Israeli cannabis producer, for $300m. Common shares of InterCure are now listed for trading on the TSX under the symbol "INCR.U" and will continue to be listed on the TASE under the symbol "INCR." “We are proud to announce the closing of this transaction which marks an important milestone for InterCure. With a comprehensive vertically integrated platform, brand portfolio, and the healthiest balance sheet, we are positioned to reshape the cannabis industry in Israel and across Europe," Alex Rabinovitch, InterCure CEO.