Green Point Overview
Green Point is developing a fully automatic home machine for extracting cannabis oil. The home machine allows users to extract customized cannabis oil, based on high-quality capsules. The device comes with a user-friendly app, an open interface for custom user blends, CMobile automation, and remote extraction monitoring. The company has already developed and tested a proof of concept of the device. Its vision is to deliver advanced automatic oil extraction technologies, for both recreational and medical use.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
https://www.jpost.com/jpost-tech/israeli-cannabis-oil-espresso-machine-start-up-smashes-funding-goal-656771
Green Point, a start-up based in Beersheba, has exceeded its pre-seed funding goal and is now launching a seed round for market penetration. The company has developed an espresso-style machine in partnership with Univo Pharmaceuticals that allows cannabis users to easily create high-quality cannabis oil from any strain. The machine uses capsules filled with ethanol to extract oil from cannabis within minutes. Green Points prototype has been proven safe, easy to use, and produces above-average quality cannabis oil. The product comes with a mobile app for controlling the machine and creating different mixtures. Green Point aims to tap into the growing market for cannabis oil as more countries legalize recreational cannabis.
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