Cannibble FoodTech

Growth-Negative

Cannibble Foodtech Ltd., an innovative food technology company that develops food and beverage products enhanced with alternative proteins, announces the resignation of Mr. Ziv Turner as a director effective May 20, 2024. The company is focusing on delivering tasty gluten free baked products to supply the growing demand in the United States.

growth-positive

Cannibble Foodtech Ltd., an innovative food tech company, has signed a service agreement with Plate My Meal Ltd., owner of the brand Holy Locust, to develop energy bars enhanced with locust protein. This agreement will allow the development of a variety of food and beverage products enhanced with locust protein and support the expansion of distribution channels in North America. The CEO of Cannibble Foodtech Ltd. expressed excitement about the collaboration and the opportunity to develop an energy bar enhanced with locust protein.

growth-positive

Cannibble Foodtech Ltd., an innovative food technology company, has received an initial $10,000 CAD trial order from a food distributor in California for its Kosher for Passover gluten-free pita bread, hot dog buns, and hamburger buns. This is part of the companys shift in business strategy after signing an exclusive distribution agreement with Eshbal Functional Foods Cooperative Ltd., one of the largest gluten-free manufacturers in Israel. The company is currently working to deliver Kosher for Passover baked products to additional US food distributors before Passover 2024.

growth-negative

Cannibble Food-Tech Ltd. has been halted by IIROC due to pending news. IIROC is the national self-regulatory organization overseeing investment dealers and trading activity in Canada.

growth-positive

Cannibble Foodtech has entered into a partially binding letter of intent to acquire Eshbal Functional Foods Cooperative. The Proposed Acquisition will expand Cannibbles business in the global health and wellness market. Eshbal is a private Israeli food manufacturer that develops and produces unique formulations of functional foods. The acquisition is expected to be an all shares transaction, with the Vendors receiving 50% of the issued and outstanding Cannibble Shares at closing. Eshbal will become a wholly-owned subsidiary of Cannibble, and Yuval Levy will join the board as chairman. The completion of the acquisition is subject to negotiation, due diligence, regulatory approvals, and other customary conditions.

growth-positive

Cannibble Foodtech Ltd. has received final approval for listing its ordinary shares on the Canadian Securities Exchange (CSE). The shares are expected to commence trading on March 3, 2022. Cannibble has also retained Questrade, Inc. to provide market-making services in accordance with CSE guidelines. Questrade is a Canadian company that offers high-speed, direct access trading in the U.S. and Canadian stock and options markets. Cannibble is an Israeli food tech company that develops and manufactures food mix products infused with cannabinoids. The company has developed over 100 product SKUs, with 32 currently manufactured. The CSE listing is expected to enable Cannibble to execute strategic initiatives and benefit its shareholders.

growth-positive

Cannibble has reached an agreement with a leading Canadian cannabis company to develop a new line of CBD infused shakes. The Canadian company will sell and market the shakes in Canada. Cannibble has also completed the development of a new line of beverages enriched with hemp plant ingredients. The company expects to launch the new products in retail stores in the US and online platforms. Cannibble is currently raising capital in Canada.

growth-positive

Cannibble Food-Tech, an Israeli-based food-tech developer of cannabis-based edibles, has announced a new business relationship with Nanas Secret brand. The partnership aims to manufacture unique types of edibles and flavors for Nanas Secret, expanding its line of products in the cannabis edibles market. The agreement targets distribution in Washington and California, as well as importing Nanas Secret products to Israel. Both parties will utilize Nanas WA recreational processing license to manufacture and sell recreational edibles. Cannibble Food-Tech is currently in its second fundraising round and plans to list on a major stock exchange by the end of 2020.

growth-positive

Israeli-based food-tech developer Cannibble Food-Tech has announced the opening of its second crowdfunding round in Israel. The company aims to raise 4 million NIS (~$1.15 million) at a price of 9.38 NIS ($2.7) per share. The first crowdfunding round raised over $1 million and attracted over 1,000 investors. Cannibble has already completed its first qualified production line in Miami, manufacturing CBD and Hemp seeds products. The funds from the first round will be used to achieve five goals, including listing on the Canadian Securities Exchange, opening an office in Miami, addressing market demand, marketing and sales expansion, and expanding to more states and international shipping. Cannibble is also negotiating local licensing agreements with THC manufacturers per legalized state.

growth-positive

Cannibble Food-Tech Ltd., an Israeli-based food-tech developer of cannabis-based edibles, is set to present its products at the MJBizCon conference in Las Vegas from December 11-13, 2019. The company is looking to meet distributors, dispensary owners, CBD shops owners, convenience stores, media & reporters, bloggers and vloggers, and cannabis food lovers. Cannibbles CEO, Mr. Yoav Bar Joseph, stated that the company is ready to move into sales in North America. The companys product line, The Pelicann, includes powder-mixes enhanced with cannabinoids and hemp products.

growth-positive

Cannibble FoodTech has officially launched its brand, The Pelicann, in the US. The company is targeting the US as the largest cannabis market worldwide. Cannibble develops cannabis-based edibles and offers over 100 powder-based instant mixes for baking, beverages, and spices enhanced with cannabinoids and hemp products. The Pelicann products are categorized into three families of cannabis: green for hemp ingredients, pink for CBD products, and dark blue for THC-infused products. The products are manufactured under strict food manufacturing QA protocols and with a known cannabinoids dosage. Cannibble is looking to expand its presence in convenience stores, coffee bars, and dispensaries.

growth-positive

Cannibble, an Israeli-based cannabis-based edibles developer, has launched a new brand called The Pelicann. The company aims to target the growing cannabis edibles market, which is expected to reach $11.564 billion by 2025. The Pelicann offers powder mixes infused with cannabinoids and hemp products, allowing consumers to easily make edibles like cupcakes and shakes. Cannibble plans to manufacture The Pelicann products in the USA and expand its sales points to include dispensaries and convenience stores. The company has 35+ years of food developing experience and 7+ years in the cannabis market, ensuring compliance with local and global regulations.

growth-positive

Cannibble FoodTech, an Israeli company, is creating over 100 CBD-infused, powder-based instant mixes for baking, beverages, and spices. The company aims to enter the recreational market with a line of CBD products that expand on the definition of cannabis edibles. Cannibbles products will contain controlled and measured dosages of CBD and THC. The company plans to distribute its products in the US, primarily in California, through partnerships with supermarket chains and dispensaries. Cannibble also plans to expand to the rest of the world and has a planned IPO with the Canadian Stock Exchange in the first quarter of 2020.

growth-positive

Cannibble FoodTech Ltd. has raised more than $1 million in a crowdfunding campaign using Israeli platform Pipelbiz. The company develops pre-made food and beverages enriched with THC and CBD.

growth-positive

Israeli company Cannibble FoodTech plans to launch a line of CBD- and THC-infused recreational foods, including baking mixes, iced coffee mix, spice blends, and toppings for pizza and popcorn. The company will prepare the basic powdered ingredients in Israel and partner with US factories to add the cannabis components. Cannibbles products will be infused with dosages of cannabis compounds to meet regulations. The CBD-enhanced products may be sold online and in convenience stores, while THC-enhanced products may only be sold in state-sanctioned dispensaries. Cannibble aims to target the North American market, where cannabis edibles reached $1.2 billion in revenue in 2018 and is expected to reach close to $2 billion this year. The company recently raised $655,000 in a crowdfunding campaign and $500,000 in a Series B round.

growth-positive

Cannibble FoodTech Ltd., an Israeli company developing cannabis-enriched foods, raised $655,000 in a crowdfunding campaign to establish a manufacturing facility in the U.S.