About Kanabo

The Company

Kanabo is an Israel based company, that believes that by creating a holistic ecosystem that works together in synergy, we can create a new standard in the medical Cannabis industry and improve the well-being of millions around the world. We focus on the distribution of Cannabis-derived products for medical patients, and non-THC products for CBD consumers. We have conducted extensive R&D in order to develop high-quality Cannabis extract formulas, innovative medical-grade vaporizers, and various non-smoking consumption solutions – making use easy and accessible for anyone in need of treatment. Clinical and validation activities, including safety and efficiency tests, are conducted in Israel – an established leader in the Cannabis industry.
The company is selling initial products in Europe already, and is ready to scale up to meet market demands and projected sales and revenues.

History of Cannabis in Israel

Israel is one of the leading countries in the world in cannabinoid research, and the reason for that is because we started when nobody else was doing it Raphael Mechoulam

Israel is an established leader in Cannabis research and innovation. Israeli scientists became the first to isolate and identify the active compounds of cannabis in the 1960s, and later identified the endocannabinoid system in the 1990s.

After approving cannabis for medical use in the 1990s, the Israeli Ministry of Health initiated their state regulated medical cannabis program in 2007 and licensed farms to produce medical cannabis for patients suffering from approved conditions. In 2011, the country recognized the therapeutic use of Cannabis. Today, there are over 46,000 approved patients in Israel with 8 licensed farms producing and distributing medical cannabis to patients. Those numbers are expected to rise, with the Ministry receiving a reported 300 applications per day.

When compared to the German medicinal Cannabis market, which only began issuing prescriptions in 2007, there are already comparable numbers. While there are no centralized patient numbers in Germany, estimates from 2018 suggest that there are already 60,000 patients consuming cannabis in the country. While the local market remains small, over 100 cannabis companies are currently active in Israel, and some analysts believe the recent move to allow cannabis exports from Israel may unlock a US$4B market. Between 2013-2017, cannabis related Israeli startups have raised $76.4 million in equity. Israel is recognized as a global leader in cannabis research, cannabis healthcare, product innovation, and technology.

History of Kanabo

Kanabo was born out of Founder and CEO Avihu Tamir’s personal experience working with medical Cannabis patients in Israel – a pioneering leader in the field of medical Cannabis. Israel is the first country to allow medical and scientific research of Cannabis, and the first country to establish a national medical Cannabis program for patients. In Israel, a patient prescribed Cannabis is often directed to smoke their prescription – or even mix it with tobacco to ‘make it burn better.’ Concerned about the long-term health effects of smoking, Avihu began exploring and providing healthier options for Israeli medical cannabis patients and others, with a focus on vaporization.

At the time, Avihu found that there were no medical vaporizers for Cannabis patients available in Israel or around the world. He set out to change this, and became the first importer of vaporizers in Israel. He founded the vaporizer import company Teva Nature Ltd., which is still the leading importer and provider of vaporizers to the Israeli market. Avihu has now worked with hundreds of patients over the last several years to provide access to vaporizer devices, training, consultation, and support for patients using medical Cannabis. After learning the market and the different available alternatives, Avihu understood that there was a need for the development of medical grade vaporizer solutions.

Team

Kanabo’s leadership team is made up of experienced medical industry professionals in a variety of fields shaping the medical Cannabis industry, including biopharmaceuticals, pharmaceutical R&D, Drug Delivery Systems (DDS), clinical research, medical patents, vaporizer technology, botanical extracts, and more. Featured members of Kanabo’s leadership team are included below.

Executive Team

Uziel Danino

Chairman, Non-Executive Director

Mr. Danino has over 35 years of experience in the financial sector, including capital markets. Mr. Danino began his career at Bank Mizrahi in 1981 and worked in all of the bank’s business units filling a variety of managerial positions. In his last position with the bank, Mr. Danino served as the manager of customer asset division, which includes the bank’s investment management company.
In 2012, Mr. Danino was appointed to head Excellence Investment House that at the time had NIS80 billion (approximately GBP 17 billion) in customer assets under management. In the framework of his position, he also serves as Chairperson of provident funds, trust funds, Stock Exchange Member Brokerage, and is a member of the Israeli Federation of Investment Houses.
Today, Mr. Danino as a member and director of Rosario Capital, an underwriting company. In addition, Mr. Danino is a director in two public companies , namely UMI and Spacecom and serves a member of the University of Ariel Finance Committee.

David Tsur

Non-Executive Director

Mr. Tsur is the Co-founder of Kamada Ltd, a public company listed on both the NASDAQ and Tel-Aviv Stock Exchange. He has served as its Chief Executive Officer and on its board of directors since the company’s inception in 1990, until July 2015. Currently he serves as Kamada’s Active Deputy Chairman of the Board.
Prior to co-founding Kamada, Mr. Tsur was the Chief Executive Officer of Arad Systems and RAD Chemicals Inc. He has also held various positions in the Israeli Ministry of Economy (formerly named the Ministry of Industry and Trade), including Chief Economist and Commercial Attaché in Argentina and Iran.
Mr. Tsur holds a BA degree in Economics and International Relations and a MBA in Business Management from the Hebrew University of Jerusalem.

Avihu Tamir

CEO, Executive Director

Mr. Tamir is a cannabis entrepreneur with five years hands-on experience in multiple cannabis ventures and has vast experience in consulting for international cannabis projects. Mr. Tamir began his career and built his reputation as a senior strategy consultant at Accenture. He is also the founder of Teva Nature, the leading vaporizer company in Israel.
Mr. Tamir founded Kanabo Research in 2016 and since then has served as its CEO of the company. His expertise includes biotechnology, new agriculture and agro-tech, and other breakthrough technologies in the dynamic field of Medical Cannabis.
Mr. Tamir holds a B.A. in Finance and Risk Management (Magna Cum Laude), and a M.A. in Political Science (Magna Cum Laude) from the IDC Herzliya.

Management

Rom Lakritz

COO

Mr. Lakritz has a 10 year track record of successful market engineering and exits in technology startups, with experience in Business Strategy, Financial Analysis, Valuation, and Financial Modeling. He served as VP of Finance and Operation at Fireglass, later acquired by Symantec in a notable exit for $250 Million.
Mr Lakritz previously served as co-founder and Board Member of CEO of Tipengo, Ltd. and currently serves as co-founder, Board Member, and advisor to Omnix Medical. He began his career as senior consultant at Ernst & Young and doing business analysis for venture capital firms. His early career was defined by EY Valuations and Strategy as well as a startup and strategic focus with Van Leer NDL.
Mr. Lakritz attended Stanford University, Graduate School of Business.

Meirav Horn

CFO

Mrs. Horn has over 11 years of financial experience in the high-tech industry. Prior to joining Kanabo she served as CFO and Team Manager at ERB Financial group, specialized in financial reporting, budget planning, financial strategic, M&A’s and IPO’s.Prior to ERB financial group, Mrs. Horn was Finance Manager at Simlat Ltd. where she headed up the finance department, managing all financial aspects of the company.
She began her career at Ernst & Young in the assurance and advisory business services department. During her service, she worked with start-ups and public companies.
Mrs. Horn is Certified Public Accountant (CPA) and holds B.A. in business Management and accounting from the College of Management.

David Sack

CMO

  • Marketing; Branding; Business Development
  • David is an execution veteran with extensive marketing, branding and business development experience. David has been helping startups turn into enterprises for over 20 years. David managed global operations and marketing in 100+ staff companies internationally, and today leads Kanabo’s Marketing.

Uri Elhav

VP Sales

  • 20 years experience in business development and enterprise sales.
  • Uri’s career spanned across Canada, America, Asia and the Middle East – developing offerings together with strategic partners in enterprise software and financial services.
  • Brings extensive experience in e-commerce, having helped tens of organizations to build and implement their digital property strategy, world wide.

Michael Adda, M.Sc.

Senior Scientist

  • Holds an Industrial Chemist degree of the Ecole Nationale des Industries Chimiques (Nancy-FRANCE) and an MSc in Chemical Engineering, from the Ben Gurion University.
  • Has 30 years of experience in Process Development and Technology Transfer in the Chemical and Biotechnological Industries.
  • Author of ten patents.
  • Project Manager for 19 years at IMI TAMI, the Central R&D Institute of Israel Chemicals. Project Manager and Technologist during his 6 years at BioLab, a company producing reagents and for molecular biology and extra-pure solvents.
  • In the field of natural products, Michael was in charge of the Process Development at MothersChoice, a start-up developing a natural antibacterial formulation for the cosmetic industry.
  • At Kanabo, Michael is in charge of Phytochemistry, Formulation, and Process Development.

Eilon Bdil

VP of Production

  • Medical Cannabis Cultivation & Production
  • Over 10 years experience managing a licensed medical cannabis cultivation and production facility in Southern Israel, including crop and business management.
  • Non-Executive Director of Hadiklaim, Date Grower’s Cooperative. Hadiklaim exports to more than 30 countries and is the biggest producer of Medjool dates in the world.
  • Former CEO of Kibbutz Elipaz and Local Council Member.

Ophir Shimshi, Adv.

Director of Business Operations

  • Co-Founder and partner in a private law firm, Hoyzman, Weinbaum, Shimshi.
  • Co-Founder and partner in a specialized entrepreneurs group, mainly dealing in real estate transactions and development and in renewable energy projects, both in Europe and in Israel.
  • Former senior lawyer at Jacob Cohen & Co Law Office, specializing in corporate law, commercial law, real estate – planning and construction.

Advisors

Yossi Aldar

Medical Device Advisor

  • Executive Management; Medical Devices
  • Experienced executive manager specializing in biomedical and medical device companies. Diverse experience includes work as CEO of Syqe Medical, creators of the first medical grade cannabis inhaler. Served has Co-Founder and CEO of SteadyMed Therapeutics, Inc. (NASDAQ: STDY), Managing Director of VersaMed) acquired by GE Healthcare), and Founder and CEO of Flight Medical (TASE: FLGM).

Mike Dacks

Global Strategy Advisor

  • Executive Management; International Business Affairs, Corporate Strategy
  • Experienced international business development executive and commercial lawyer with over 10 years experience providing strategic and legal advice to rapidly scaling companies globally. Previously served as SVP of Global Affairs at Plena Global and VP of Legal & International Business Affairs at MedReleaf Corp, which is ISO 9001, ICH- GMP, and EU-GMP certified. Lead the acquisition by Aurora Cannabis for C$3.2 Billion, which was the largest exit in the regulated cannabis industry at the time.

Nachshon Knoller, M.D.

Clinical & Medical Advisor

  • Medicine, Clinical trials, Pharmaceutical Research
  • Leading spinal neurosurgeon of Israel, currently Director of the Department of Neurosurgery at Sheba Medical Center in Tel-Hashomer, Israel. Serves as a Member of the Scientific Advisory Board of Proneuron Biotechnologies, Inc. and has served as an Advisory Board Member of Mazor Surgical Robotics Ltd. Research activities include emerging medication treatments and cell therapy (macrophages) for traumatic brain and spinal injuries.

Doron Friedman, Ph.D.

Scientific Advisor

  • Formulations; Patents & IP
  • Specialist in pharmaceutical R&D with over 25 years experience as a biomedical entrepreneur and executive who holds over 80 patents, making him the most prolific patent inventor in Israel. Inventor of Bausch and Lomb’s Lotemax eye drops; served as Director of Pharmaceutical Development at Pharmos Corp, Chief Technology officer of Foamix Ltd; and pharmaceutical development consultant.