Cannabliss

Company Overview

Snapshot

Founded in January 2009 by Moshe Ichia, Cannabliss operates with 1–10 employees. The company was acquired by Together Pharma in June 2019, marking a significant milestone in its trajectory within the medical cannabis market.

Business overview

Cannabliss specializes in creating and producing medical cannabis products tailored for non-smokers, including cannabis oil and cookies. Operating under the license of the Ministry of Health, the company aims to serve patients who cannot or prefer not to smoke medical cannabis, including those with religious observances. Cannabliss distributes its products to patients holding Health Ministry licenses for medical cannabis use, working in cooperation with Hadassah University Hospital and other medical facilities in Israel, and also offers a home delivery service. The company operates within the Health Tech & Life Sciences sector, specifically focusing on Pharma & Medical Biotechnology and Medical Cannabis.

Strategic signal

In September 2019, Together Pharma, which acquired Cannabliss in June 2019, announced plans to list Cannabliss as a subsidiary in North America. This move signals a strategic intent to expand the reach and market presence of Cannabliss's medical cannabis products beyond Israel, indicating potential for significant growth and investor interest in the North American market.

Company Intelligence Q&A

What is Cannabliss's core business?

Cannabliss creates and produces medical cannabis products for non-smokers, such as cannabis oil and cookies, operating under a license from the Ministry of Health.

When was Cannabliss acquired?

Cannabliss was acquired by Together Pharma in June 2019.

What was the strategic intent behind Together Pharma's acquisition of Cannabliss?

Following the acquisition in June 2019, Together Pharma announced in September 2019 its plans to list Cannabliss as a subsidiary in North America, indicating a strategy to expand its market presence.

What types of products does Cannabliss offer?

Cannabliss offers various medical cannabis products, including brownies, oil capsules, black oil, green oil, and rubbing oil.

Where does Cannabliss primarily operate?

Cannabliss primarily operates in Israel, with a distribution center at Hadassah University Hospital and collaborations with other hospitals, alongside a home delivery service.