Company Overview
Snapshot
Founded in May 2018 by Yoav Bar yosef, Cannibble FoodTech operates with 1–10 employees. The company has raised $995.4K across 3 funding rounds with 1 investor. A significant milestone for the company was its initial public offering on the CSE in March 2022.
Business overview
Cannibble FoodTech specializes in the development and manufacturing of food mix products infused with non-active and active cannabinoids, where legally permissible. The company has created proprietary formulas for powder-based and other edibles, marketed under its brand name, The Pelicann. Operating within the Agriculture & Food Technologies sector, Cannibble serves markets in North America and Europe, including Canada and the United States, focusing on cannabis-infused snacks, ingredients, and beverages.
Strategic signal
In May 2024, Cannibble FoodTech signed a products development agreement with Holy Locust. This collaboration indicates a strategic move to expand its product offerings and potentially enter new market segments through partnerships, signaling continued innovation and growth within the cannabinoid-infused food industry.
Company Intelligence Q&A
- When did Cannibble FoodTech go public?
- Cannibble FoodTech commenced trading on the CSE under the symbol CSE:PLCN in March 2022, marking its initial public offering.
- What was a key strategic acquisition for Cannibble FoodTech?
- In November 2022, Cannibble FoodTech signed a definitive agreement to acquire Eshbal Functional Foods, an Israeli gluten-free food tech manufacturer.
- What was a recent product development partnership for Cannibble FoodTech?
- In May 2024, Cannibble FoodTech signed a products development agreement with Holy Locust.
- Has Cannibble FoodTech expanded into the US Kosher Gluten Free Food Market?
- Yes, in February 2024, Cannibble FoodTech entered the US Kosher Gluten Free Food Market and received its first order.
- What was a recent leadership appointment at Cannibble FoodTech?
- In February 2026, Cannibble FoodTech Ltd. appointed Doron Hazan as Director of Robotics and AI Market Development.