Last updated 2026-07-26
- Acquired by Paragon Retail, Feb 2023
- Went public on TASE (CSURE), Jan 2019
- Raised $5.4M Follow-on PO led by Solbar Food Technologies, Dec 2018
Total raised
$5.6M
Stage
Public
Founded
2016
Headcount
25
HQ
Ashdod, Israel
Sector
Health Tech & Life Sciences
About
CannAssure Therapeutics is an Israeli company focused on the development and provision of high-quality medical cannabis products and pharmaceutical cannabinoid medicines. They operate a vertically integrated system, including indoor cultivation, extraction, processing, and R&D, aiming to ensure consistent and stable products. The company has also engaged in partnerships for the development of topical medical cannabis products.
Funding history · 2 rounds · $5.6M total
2020-07
Grant
$235K
2018-12
Follow-on PO
$5.4M
★ Solbar Food Technologies★ Direct Capital Investments Ltd.
Headcount over time
From 15 (2019-06) to 7 (2025-12) · -8 (-53%) · 13 points · source: Finder history + radar grounding
Q&A
- What is CannAssure Therapeutics' primary business?
- CannAssure Therapeutics is an Israeli company focused on the development and provision of high-quality medical cannabis products and pharmaceutical cannabinoid medicines. They operate a vertically integrated system including cultivation, extraction, processing, and R&D.
- When was CannAssure Therapeutics acquired and by whom?
- CannAssure Therapeutics was acquired by Paragon Retail in February 2023.
- What is the current employee count for CannAssure Therapeutics?
- CannAssure Therapeutics currently has 11-50 employees.
- What was CannAssure Therapeutics' total funding raised?
- CannAssure Therapeutics raised a total of $4,964,000.
- When did CannAssure Therapeutics go public on the TASE?
- CannAssure Therapeutics went public on the TASE in December 2018 through a reverse merger.
- Did CannAssure Therapeutics receive any grants?
- Yes, CannAssure Therapeutics received a grant of $235,000 in August 2020.
- What was a significant partnership for CannAssure Therapeutics in December 2020?
- In December 2020, CannAssure Therapeutics signed an exclusive distribution agreement with DanCann Pharma for Denmark, Norway, Sweden, and Finland.
- Has CannAssure Therapeutics been granted any patents recently?
- In August 2021, CannAssure Therapeutics was granted a patent by the Israel Patents Authority for an oral delivery method of cannabis and cannabinoid compositions.
Team · 2
Ran Amir
Founder · Founder
Nir Peles
Founder · Founder
Sectors & technology
Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyDrugs Discovery & DevelopmentMedical Cannabis
Technologies
BiologicalsHerbals
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticalsHealthcarePatients
Business model
B2B2CB2B
Highlights
1 Patents
Tags
pharmaceuticalsseedscannabismedical-productsmedical-cannabisdrug-deliverywomen-healthpatientsindoor-farmingtopical-treatmentdermatologyoral-drugsanti-inflammatory
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | cannassure.life/ |
|---|---|
| linkedin.com/company/18300557 | |
| facebook.com/Cannassure-1808292219297130 | |
| YouTube | youtube.com/channel/UCXKUrgTKAeMkClylZKg9nJg |
| instagram.com/cannassure |
Identifiers & details
| Legal name | Cannassure Therapeutics Ltd. |
|---|---|
| Founded | 2016 |
| Employees (exact) | 25 |
| Market cap | $60K |
| Status reason | Public on TASE on Dec, 2018; |
Acquisitions & public offerings
Acquired by Paragon Retail 2023-02
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| Reverse Merger | 2019-01 | TASE | CSURE |
Radar intelligence
Web history (Wayback)
| Domain | cannassure.life |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515761138 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2017-12-24 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | ההדרים 2 אשדוד |