Israeli cannabis firm Kanabo to be bought by UK's Spinnaker
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(Reuters) - Kanabo Research has agreed to be bought by cash shell Spinnaker Opportunities in what could lead to the first listing of a cannabis company on London's main stock market and help the Israeli firm raise cash for clinical trials and newer products.Spinnaker said on Monday the companies had agreed to a proposed reverse takeover, which would allow Tel Aviv-based Kanabo to bypass traditional listing rules.Spinnaker did not disclose the deal value in a statement. However, in an email, the..