(September 27, 2018 / JNS) Former Israeli Prime Minister Ehud Barak will chair the Israeli medical marijuana company InterCure, according to the firm, which made the announcement on Wednesday.
Barak served as defense minister and then prime minister in the early 2000s. He has remained in the public spotlight since leaving politics, usually criticizing current government policies.
InterCure said that Barak will head its global growth initiative. In a statement, the company said Barak’s “stature” will be helpful for the company’s development.
Barak will work 40 monthly hours for $10,000 per month. He will also be eligible for stock options, according to the company.
InterCure, publicly traded in Israel, is expected to change its name to Canndoc Pharma.