CANN-IL

Disease-resistant Cannabis Strains

Agriculture & Food Technologies
Non Active, Dec 2022 ceased to operate
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Company Overview

Snapshot

Founded in January 2019 by Yigal Cohen, Dr. Yariv Ben-Naim, and Prof. Shlomo Margel, CANN-IL operates with 1–10 employees. The company raised $250K across one funding round from Weizman Family. In June 2019, former Shin Bet Head Yaakov Peri joined CANN-IL.

Business overview

CANN-IL specializes in the identification and characterization of wild cannabis strains to detect genetic resistance against diseases. The company aims to develop elite varieties with resistance genes suitable for various markets. Its breeding processes focus on horticultural characteristics and the quality of cannabinoids like THC and CBD, in collaboration with Professor Yigal Cohen’s lab at Bar-Ilan University. CANN-IL operates within the Agriculture & Food Technologies sector, specifically in Ag Tech, Farm Equipment & Treatment, Health Tech & Life Sciences, Pharma & Medical Biotechnology, and Medical Cannabis.

Strategic signal

In June 2019, Yaakov Peri, the former head of Shin Bet, joined CANN-IL. This appointment signals a strategic move to leverage high-profile leadership, potentially enhancing the company's credibility and influence within the emerging and often complex cannabis industry. For investors, this suggests an effort to strengthen governance and strategic direction, which could be crucial for navigating regulatory landscapes and market development.

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Company Intelligence Q&A

What is CANN-IL's primary focus?
CANN-IL specializes in identifying and characterizing wild cannabis strains to detect genetic resistance against diseases, aiming to develop elite varieties with resistance genes for various markets.
When was CANN-IL founded?
CANN-IL was founded in January 2019.
Who are the co-founders of CANN-IL?
CANN-IL was co-founded by Yigal Cohen, Dr. Yariv Ben-Naim, and Prof. Shlomo Margel.
What was a notable leadership development at CANN-IL?
In June 2019, former Shin Bet Head Yaakov Peri joined CANN-IL.
What is CANN-IL's current operational status?
CANN-IL is currently Non-Active and ceased to operate in December 2022.
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