- CEO
- Ajay Singh Kaila
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 595 Burrard Street Vancouver BC Canada V7X 1L3
- IPO Date
- Dec 15, 2017
- Business
- Isracann Biosciences Inc. cultivates and distributes medical cannabis in Israel through its subsidiaries; develops cultivation facilities targeting domestic Israeli demand and exports to Germany and European markets; and commercializes natural health products including post-viral prophylaxis, urological treatments, anxiety aids, immune boosters, and sleep formulations with and without cannabinoids or psilocybin via its Praesidio Health Inc. subsidiary. The company operates primarily in the medical cannabis and natural health sectors, serving healthcare providers, patients, and international distributors from facilities in Israel's Sharon Plain and Nir Israel regions, including joint ventures for scalable farms expandable to over 160,000 square feet. Founded in 2010 and headquartered at 595 Burrard Street, Suite 1600, Vancouver, British Columbia, Canada, Isracann was formerly Atlas Blockchain Group Inc. prior to its name change in October 2019. In April 2022, Isracann completed the acquisition of Praesidio Health Inc., enhancing its natural health product pipeline and appointing specialized officers to advance clinical strategies; it entered joint venture agreements for near-term cannabis farm production in Israel's Sharon Plain, committing up to CAD$2.7 million for 50% economic interests pending regulatory approvals. The company's CSE listing (IPOT) was delisted in September 2024, with prior management changes in January 2024 including director and officer resignations.