- Acquired by Cannbit for $23M, Nov 2019
About
Tikun Olam is an Israeli company that specializes in the research, cultivation, and supply of medical cannabis. They are recognized as a pioneer in the field of modern medical cannabis, operating under a license from the Israel Ministry of Health. The company focuses on developing proprietary cannabis strains and standardized products with precise dosages, backed by extensive clinical research and patient feedback. Their products are designed to address various conditions such as pain, sleep, neurological balance, and gastrointestinal issues. Tikun Olam was acquired by Cannbit Pharmaceuticals in 2019 and now operates as Tikun Olam-Cannbit, Israel's leading medical cannabis brand. In April 2023, Tikun Olam announced it would cease cultivation operations and lay off dozens of employees, focusing on being a marketing brand for products from third-party farms.
Headcount over time
Offices
Show all offices (2 more)
- Kfar Yehoshua, Israel
- Neot HaKikar, Israel
Q&A
- What is Tikun Olam's primary business?
- Tikun Olam specializes in breeding proprietary cannabis strains and developing standardized, accurately dosed medical cannabis products. The company also operates Tikun Olam Care, a professional cannabis nursing clinic.
- When was Tikun Olam founded?
- Tikun Olam was founded in January 2006.
- How many employees does Tikun Olam have?
- Tikun Olam has 11-50 employees.
- What is Tikun Olam's current status?
- Tikun Olam is currently active and is a public company. It was acquired by Cannbit Pharmaceuticals in November 2019.
- What was the acquisition value of Tikun Olam by Cannbit Pharmaceuticals?
- In early 2020, Cannbit Pharmaceuticals acquired Tikun Olam for $23 million, in addition to 5% of its shares and other amounts based on the company's success.
- What is Tikun Olam's primary sector?
- Tikun Olam's primary sector is Health Tech & Life Sciences, specifically focusing on Medical Cannabis.
- Where is Tikun Olam headquartered?
- Tikun Olam is headquartered in Nof HaGalil, Israel.
- What is Tikun Olam's market capitalization?
- Tikun Olam has a market capitalization of $6,798,473.
Team · 9
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | tikunolam.com/ |
|---|---|
| linkedin.com/company/12644267 | |
| facebook.com/TikunOlamUSA | |
| YouTube | youtube.com/user/TikunOlamLTD |
| instagram.com/tikun_olam |
Identifiers & details
| Legal name | Tikun Olam-Cannbit Pharmaceuticals Ltd. |
|---|---|
| Founded | 2006-1 |
| Employees (exact) | 4 |
| Offices | Kfar Yehoshua; Neot HaKikar |
| Market cap | $6.8M |
| Status reason | Acquired by Cannbit on Nov, 2019 |
Acquisitions & public offerings
Acquired by Cannbit 2019-11 $23.0M
Radar intelligence
Patents
| EPO | 5 |
|---|
Publications (Crossref)
| Works | 1 |
|---|
Web history (Wayback)
| Domain | tikunolam.com |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 512101460 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה ציבורית |
| Incorporated | 1995-01-31 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Active charges / liens | 0 |
| Registry events | 3 — other (1), people (1), violation (1) |
| Registered address | דרך יצחק רבין 2 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2026-04-28 | עדכון כתובת ו/או מען דיגיטלי |
| 2026-04-28 | עדכון בעלי תפקידים |
| 2026-05-26 | עדכון הפרה |