Ambrosia SupHerb News
4 articles
growth-positive
Cannabis-mushroom hybrid supplements: Tikun Olam-Cannbit & Ambrosia-SupHerb target European market
Tikun Olam-Cannbit has entered into a partnership with Ambrosia-SupHerb to develop nutritional supplements based on cannabis and mushrooms. The companies will work together to develop products that strengthen the immune system and promote regular bowel movement. The combination of medicinal mushrooms and cannabis is believed to have therapeutic effects and enhance the overall effectiveness of the supplements. Tikun Olam-Cannbit aims to export its products to the European market and sees the partnership as a perfect synergy for the nutritional supplement market. Ambrosia-SupHerb is Israels largest nutritional supplement manufacturer.
Partners
growth-positive
Israeli pilot targets innovation in cannabis and mushroom supplements
Ambrosia-SupHerb and Tikun Olam-Cannbit are partnering to launch a joint pilot for the research, development, production, and marketing of cannabis and mushroom supplements for the Israeli and EU markets. The partnership will involve R&D teams from both companies working together to develop products using components from existing nutritional supplements, as well as cannabis and mushrooms. The specific components chosen for each product are expected to strengthen the immune system and promote bowel health. The partnership also involves Ambrosia-SupHerb acquiring 4.98% shares of Tikun Olam-Cannbit through a material private placement for approximately NIS12m (€3.15m).
PartnersInvestment
growth-positive
For the first time ever, an Israeli company will develop nutritional supplements based on cannabis and mushrooms: Tikun Olam-Cannbit signed a partnership agreement with Ambrosia-SupHerb, the leading company in Israel in the field of VMS
Tikun-Olam Cannbit has signed an exclusive partnership agreement with Ambrosia-SupHerb, Israels largest nutritional supplement manufacturer, for the R&D, production, and marketing of unique products combining cannabis and mushroom components in the nutritional supplement market. The companies will apply for approval from the Medical Cannabis Unit to conduct research and development activities in Israel. Tikun-Olam Cannbit aims to export to the European market and eventually enter the local market. The partnership is seen as a strategic investment by Ambrosia-SupHerb, bringing their expertise and experience in cannabis-based nutritional supplements to consumers in Israel and globally.
Partners
growth-positive
Israeli Firm Injects 'Kosher' into Vitamins
Israeli company Ambrosia-SupHerb, founded in 1986, is beginning to take a large share of the American vitamin market with its kosher products. The companys products are approved by “Badatz,” the hareidi religious kosher certification body. The growth in the kosher vitamins has surpassed kosher foods with as much as a 25 percent growth in just the last three years. Ambrosia-SupHerb operates its own farms for natural ingredients and specializes in the development, production, and marketing of dietary supplements.
CustomersExpand