TASE Shell Company Switches Plans From”Blockchain” to Cannabis

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What does this development mean for “blockchain” companies?
The decision by the board of supervisors to remove the former leadership came after a number of the firm ’s shareholders claimed that the board had produced “wrong conclusions ” in a manner that “jeopardized the firm ’s continued normal operations. ” They thought that the merger deal was miscalculated and that “the danger inherent” may damage the investors in the business. “This is a research company, with unproven technology, and its worth isn’t based in an income prediction. ”

Fantasy Blockchain

After delistings, warnings and even regulatory actions in different markets across the globe, we’re now becoming another sign that the “blockchain” stocks hype is dying . A TASE shell company has shifted its focus from trying to go into the blockchain racket to newer tendencies like the legal cannabis business. 

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