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Synopsis
Kanabo, a medicinal cannabis company, completed the acquisition of The GP Service, a private telemedicine and online primary healthcare service provider in the UK, for £14m. “Today’s acquisition of the GP Service is part of our strategy to use M&A alongside organic growth to build a pan-European company and to offer help to millions of consumers and medical patients for conditions including chronic pain, anxiety and central nervous system diseases. We are very much looking forward to working with the highly skilled team at GP Service to support the growth of their business in the rapidly growing telemedicine market in the UK and beyond," Avihu Tamir, Kanabo Founder and CEO.
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