Tikun Olam
Medical Cannabis
Startup Public Health Tech & Life Sciences Est. 2006
Total Raised
Undisclosed
Public
Last Round
Undisclosed
Team
3
11-50 employees
Confidence
92/100
News
28
articles
About
Tikun Olam specializes in breeding proprietary cannabis strains and developing standardized, accurately dosed products. The companys production techniques are focused on increasing the efficacy of the plants active ingredients. Tikun Olams products are used in a number of ongoing clinical trials in Israels regulated medical cannabis market. Tikun Olam also operates Tikun Olam Care, a professional cannabis nursing clinic that provides safe and personalized treatment for a variety of medical conditions to more than 20,000 patients of all ages. In early 2020, Cannbit Pharmaceuticals acquired Tikun Olam for $23 million, in addition to 5% of the its shares and other amounts based on the companys success.
Classification
Sector
Agriculture & Food TechnologiesAg TechFarm Equipment & TreatmentHealth Tech & Life SciencesPharma & Medical BiotechnologyMedical Cannabis
Core Technology
Materials & SubstancesRaw Materials
Target Customer
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business Model
B2B2CB2B
Tags
biotechnologycropspharmaceuticalscannabisbreedingagtechmedical-cannabiscancer
Funding & Events
Nov 2019
Exit $23M
Jan 2020
Exit Undisclosed
News (28)
Aug 23, 2022 ยท nocamels.com
growth-positive
Medical Cannabis Pioneer Can Now Export To Europe
PartnersCustomers
Dec 27, 2021 ยท en.globes.co.il
growth-positive
Teva and Tikun Olam-Cannbit sign medical cannabis deal
Partners
Aug 16, 2021 ยท www.prnewswire.com
growth-positive
Tikun olam-Cannbit continues to expand its footprint in the pharmaceutical arena
Partners
Jun 24, 2021 ยท www.prnewswire.com
growth-positive
Tikun Olam-Cannbit takes another step into the pharmaceutical arena
PartnersInvestment
May 3, 2021 ยท www.jpost.com
growth-positive
https://www.jpost.com/israel-news/israeli-medical-cannabis-company-tikun-olam-to-supply-uk-with-products-667028
Partners
May 2, 2021 ยท www.jpost.com
growth-positive
https://www.jpost.com/israel-news/israeli-medical-cannabis-company-signs-deal-to-export-to-brazils-market-666943
CustomersPartners
Apr 20, 2021 ยท trailer.web-view.net
growth-positive
"ืงื™ื‘ืœืชื™ ื—ื‘ืจื” ื ืงื™ื™ื”. ื”ื—ืœื˜ืชื™ ืœื”ืกืชืขืจ ืขืœ ืขื ืฃ ื”ืงื ืื‘ื™ืก ื•ืœื”ืงื™ื ืืช ื˜ื‘ืข ื”ื‘ืื”"
Expand
Jan 28, 2021 ยท www.calcalist.co.il
growth-positive
ื”ืงื ืื‘ื™ืก ืžืชืžืกื“: ืชื™ืงื•ืŸ ืขื•ืœื ืชื ืคื™ืง ืงื ืื‘ื™ืก ืจืคื•ืื™ ืขื‘ื•ืจ ืžื‘ื•ื˜ื—ื™ ืงื•ืค"ื— ืžืื•ื—ื“ืช
PartnersCustomers
Jan 28, 2021 ยท www.calcalist.co.il
growth-positive
ืงืจืŸ ืกืคืจื” ืชื”ืคื•ืš ืœื‘ืขืœืช ืขื ื™ืŸ ื‘ื—ื‘ืจืช ื”ืงื ืื‘ื™ืก ืชื™ืงื•ืŸ ืขื•ืœื
Investment
Jan 27, 2021 ยท www.jpost.com
growth-positive
https://www.jpost.com/israel-news/israeli-company-develops-system-to-identify-track-cannabis-strains-656921
CustomersPartners
Oct 14, 2020 ยท en.globes.co.il
growth-negative
Avinoam Sapir: Cannabis is like a medicine
AcquisitionInvestmentExpand
Oct 8, 2020 ยท www.jpost.com
growth-positive
https://www.jpost.com/health-science/israeli-medical-cannabis-company-signs-deal-to-export-to-uk-market-644967
Partners
Oct 1, 2020 ยท www.prnewswire.com
growth-positive
Multi-State Cannabis Pioneer Tikun Olam and Maine Grown Announce Partnership to Produce Medical & Adult Use Cannabis Products for the State of Maine
Partners
Sep 6, 2020 ยท www.globes.co.il
growth-positive
ืงื ื‘ื™ื˜ ื—ืชืžื” ืขืœ ื”ืกื›ื ืขื ืกื•ืคืจ ืคืืจื ื”ืžื•ืขืจืš ื‘ืžืขืœ 100 ืžื™ืœื™ื•ืŸ ืฉืงืœ
PartnersExpand
Jan 2, 2020 ยท en.globes.co.il
growth-positive
After buying Tikun Olam, Cannbit raises NIS 26.4m
InvestmentAcquisitionCustomers
Nov 25, 2019 ยท en.globes.co.il
growth-positive
Tikun Olam valuation slashed in Cannbit deal
Acquisition
Sep 18, 2019 ยท www.cannabisdispensarymag.com
Magazine - April 2020
Sep 16, 2019 ยท nocamels.com
growth-positive
Israel's Cannbit Set To Acquire Tikun Olam's Israeli Operations
Acquisition
Sep 15, 2019 ยท www.calcalistech.com
growth-positive
Cannbit Wins Race for Tikun Olam's Israeli Business
Acquisition
Sep 15, 2019 ยท www.calcalistech.com
growth-negative
Ehud Barak's Company Among Bidders for Israeli Cannabis Company Tikun Olam
AcquisitionCustomers
+ 8 more articles
Details
Product Stage
Released
Employees
11-50
Exact Count
24
District
North District,South District
Founded
2006
Registrar
512101460
Crunchbase
tikun-olam
Locations
Nof HaGalil, Israel
Kfar Yehoshua, Israel
Neot HaKikar, Israel
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Feb 28, 2023
Verified by
Yanina Wainscheinker
Missing
funding rounds, markets, not claimed
Team (3)
Avinoam Sapir
CEO
Yitzhak Cohen
Founder
Founder
Ifat Kariv
EVP Government and Community Affairs
Internal
Created by
Fredrik Liljedahl (fredrik.liljedahl@sncentral.org)
Created
2017-05-09T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Cannbit on Nov, 2019