Tikun Olam – Kambit and Canomad in a cooperation agreement

Further advances in medical cannabis. Tikun Olam – Canbit Pharmaceuticals reported yesterday (Thursday) that it has signed an agreement with Canomed, controlled by the Manor and Kfir Gindi brothers, which owns a growing facility in the Jordan Valley, to provide standard manufacturing services. IMC-GMP, Of medical cannabis products at the company’s factory in Tziporit.

As stated, according to the agreement, Tikun Olam-Cannabit will provide manufacturing services according to a standard, and additional services such as storage, modification, laboratory testing and packaging, for medical cannabis products based on raw materials provided by Conanomed, including medical cannabis inflorescences, cannabis extraction mixed with oil And medical cannabis oils, at least 75% of the farm produce it grows for use in production will take part in the volume of orders. However, according to the agreement, Conomed may select up to two varieties from the range of new cannabis varieties after undergoing one growing cycle, in order to identify all the characteristics of the variety and adapt it to Conomed’s needs. In addition, World-Cannabis Repair places at the service of Kanomed a manpower for the purpose of accompanying the process.

Avinoam Sapir, CEO of Tikun Olam-Kanbit said that: “The production agreement for ConanMed joins a series of similar agreements and is another pillar, and part of the company’s strategic plan for growth and revenue growth, by maximizing production and related services at Tziporit’s plant, based on advanced technological capabilities and extensive experience. Developed in Israel, they are of the highest quality, thanks to many years of experience in developing quality genetics“