Sources believe Amazon will begin operating a Hebrew-language ecommerce website in the first quarter of 2019.
The shareholders place the blame for the cancellation squarely on the Second Broadcasting Authority.
BOL produces and markets cannabis for the Israeli market.
With the Israeli television channel's fate in doubt, efforts have been made in the past few days to avert its immediate collapse.
The new 2,500-square meter building in Jerusalem will include advanced radio studios for the Army Radio channels and their digital broadcasting system.
The brand's first store in Israel will open in the first half of 2019.
The company attributed the downward revision in its revenue guidance to a delay in orders.
The company's technology automatically cuts the price of products on the shelf when their expiry date approaches.