- Business
- Cannibble Food-Tech Ltd. (CSE:PLCN) is an Israel-based food tech company that develops and manufactures proprietary powder-based formulas for premixed foods, beverages, nutritional supplements, and spices enhanced with hemp seeds, hemp protein, cannabidiol (CBD), and tetrahydrocannabinol (THC) where legally permitted; products target the better-for-you segment and include sugar-free, dairy-free, plant-based, non-GMO, keto-friendly, low-carb options such as toppings, sweeteners, cakes, popcorn, desserts, syrups, spreads, gluten-free items, nutraceuticals, and medicinal foods marketed under brands The Pelicann™ and Eshbal du Barili. The company operates through segments of product sales and consulting services, serving recreational, health, wellness, and functional food markets with over 100 developed SKUs of which 32 have been manufactured, featuring innovative process technology for evenly distributing oils, liquids, and ingredients in powder mixes without altering texture. Founded in 2018 and headquartered in Rosh Haayin, Israel, Cannibble conducts operations primarily in North America and Israel with distribution through supermarkets, retailers, and health stores. Recent developments include a November 2025 non-brokered private placement announcing up to $250,000 in funding through convertible notes and warrants to support growth; a July 2025 chief financial officer resignation prompting management changes; and a 2022 non-binding letter of intent to acquire Eshbal Functional Foods, expanding capabilities in gluten-free, sugar-free, vegan, and keto product formulations with Eshbal becoming a wholly-owned subsidiary upon completion.