Pharmocann

Medical Cannabis Cultivation and R&D

Health Tech & Life Sciences
Active
Public Kiryat Tiv'on Founded 2008
Total raised
$690K
Last: PIPE 2019-04
Stage
Public
Founded
2008
Headcount
8
HQ
Kiryat Tiv'on
Sector
Health Tech & Life Sciences

About

Pharmocann develops and produces Israeli medical cannabis on a farm located in the valley of Jezreel, the Galilee. The farm has hothouses for cannabis growth and propagation; a hothouse for the research and development of various cannabis strains; and other facilities required for the cultivation, harvesting, and production of medical cannabis.

The company is also a developer of medical marijuana cultivation centers and dispensaries. Pharmocann has established a strategic partnership with medical cannabis labs to produce standardized, validated, and GMP-manufactured medical cannabis products. Its line of products includes oil, ointments, tablets, inhalers, rectal and vaginal suppositories, and pre-rolled cigarettes of various types of THC/CBD strains.

Pharmocann’s latest developments include hydrogel products for the treatment of certain painful diseases, acute dermatological diseases, and inflammatory bowl diseases. Pharmocann serves more than 3,000 patients a month and yields about two tons of medical cannabis yearly.

Funding history · 1 round · $690K total

2019-04
PIPE $690K

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When did Pharmocann become a public company?
Pharmocann became a public company in December 2018 through a reverse merger on the TASE.
What was Pharmocann's most recent funding round?
Pharmocann's most recent funding round was a PIPE in April 2019, raising $690,000. Cybele Holdings was a lead investor.
What is Pharmocann's primary business activity?
Pharmocann develops and produces Israeli medical cannabis on a farm in the Jezreel Valley, Galilee, focusing on cultivation, harvesting, and production of medical cannabis products.
What types of medical cannabis products does Pharmocann offer?
Pharmocann's product line includes oil, ointments, tablets, inhalers, rectal and vaginal suppositories, and pre-rolled cigarettes of various THC/CBD strains.
What new product developments has Pharmocann recently focused on?
Pharmocann's latest developments include hydrogel products designed for the treatment of certain painful diseases, acute dermatological diseases, and inflammatory bowel diseases.
How many patients does Pharmocann serve monthly and what is its annual yield?
Pharmocann serves over 3,000 patients a month and yields approximately two tons of medical cannabis yearly.
Did Pharmocann experience any operational issues in July 2022?
In July 2022, a fungus affected Pharmocann's cannabis, and the CEO unexpectedly departed.
What strategic partnership did Pharmocann establish in November 2021?
In November 2021, Pharmocann teamed with Shamir Institute to work on magic mushrooms.
What was a significant event for Pharmocann in November 2018?
In November 2018, WeedMD exported cannabis genetics to Pharmocann in Israel.

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesPharma & Medical BiotechnologyMedical CannabisAgriculture & Food TechnologiesAg TechFarm Equipment & Treatment
Technologies
Materials & SubstancesRaw Materials
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2C

Tags

pharmaceuticalsmedical-cannabispharma-companiesagtechmedical-productscannabis