Tag: cannabis

Israel’s Flower Power: Startup Nation is leading the Cannabis Tech Revolution

As the rest of the world catches on to the positive impact of medical marijuana, Israel is ready to hit ‘go’ on CannabisTech – and impact lives around the world. Israel recently joined the ranks of a very small global club. It is now only the third country in the world to legally export medical-grade cannabis, joining Canada and the Netherlands. Finalized in January 2019, the new law unlocks a potential billion-dollar industry for Israel annually, not to mention a global market valued to reach $56 billion by 2025, according to a market forecast from Grand View Research. Download OurCrowd’s 2019 Cannabis Industry Report Historically the research of cannabis in the United States, and globally, has been limited due to its categorization as a Schedule 1 narcotic (alongside the likes of heroin and ecstasy). The Ministry of Health in Israel, on the other hand, has been researching cannabis since the 1960’s and monitoring medical cannabis since 2001, making it one of the first countries to do so. As a result, it has played a starring role in the rise...

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In the News: The cannabis tech opportunity is hot – and here

Big news: The Israeli Cabinet is set to approve the export of medical cannabis. We are excited that an investment of ours is one of the few that qualify for the export, and are proud to take part in the growth of the thriving Cannabis Tech sector as we partner with Colorado-based 7thirty to build the world’s leading global cannabis technology venture capital fund. Watch a recap of OurCrowd’s time in Las Vegas at CES 2019, where our companies participated and made headlines. Then claim your ticket for the Israeli version of CES, the 2019 OurCrowd Global Investor Summit on March 7th. Startup Nation and beyond Our man in Africa, David Mataen, writes: On innovation, Israel is the place to watch. Congratulations to AI chip startup Hailo Technologies, expanding its series A to more than $20 million! Read about the Hailo-8 Fast Track Program, offering selected partners the chance to evaluate samples of the Hailo-8 processor. The Future Is Now: “Now we can do incisionless surgery” With INSIGHTEC CEO Maurice R. Ferré MD and Fotis Georgiadis. Top tech news this week  FinTech…Commercial Real Estate Startup CrediFi Raises $6 Million. Cybersecurity…BioCatch Targets Vishers...

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