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.

Business overview

Cannabliss specializes in the creation and production of medical cannabis products designed for non-smokers, including cannabis oil and cookies. Operating under a license from the Ministry of Health, the company aims to serve patients who cannot or prefer not to smoke medical cannabis, including those with religious restrictions. Cannabliss distributes its products to licensed patients and collaborates with Hadassah University Hospital, where it has established a distribution center, and other hospitals in Israel, also offering 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, following its acquisition, Together Pharma announced plans to list its subsidiary Cannabliss in North America. This move signals a strategic intent to expand Cannabliss's market reach beyond Israel and tap into the North American medical cannabis market, indicating potential for significant growth and increased investor visibility for the brand under its new ownership.

Company Intelligence Q&A

What is Cannabliss's primary focus?

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 were Together Pharma's plans for Cannabliss after the acquisition?

In September 2019, Together Pharma announced plans to list its subsidiary Cannabliss in North America.

Does Cannabliss offer products suitable for religious observances?

Yes, Cannabliss aims to help patients who are unable to smoke medical cannabis, including those who cannot smoke on the Sabbath, by offering alternative products like cannabis cookies, which were deemed kosher for Passover in April 2012.

How does Cannabliss distribute its products?

Cannabliss distributes products to patients with a Health Ministry license, operates a distribution center at Hadassah University Hospital, and provides a home delivery service.