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Trades about 472% below its sector, cheaper than its peers on earnings.
Established in 2018 and based in Rosh HaAyin, Israel, Cannibble Food-Tech Ltd. is dedicated to the creation, production, and distribution of a unique line of premixed foods, beverages, nutritional supplements, and spices. These products are fortified with cannabidiol (CBD) and hemp protein, catering to the wellness, health, and recreational markets, specifically in Las Vegas and Nevada, United States. Operating under its flagship Pelicann brand, the company offers a diverse portfolio, including instant baking mixes like cupcake and pancake powders under CannaMix; powdered beverage solutions for hot, cold, and iced drinks via CannaShakes; Mediterranean-inspired salad and pizza seasonings through CannaSpice; hemp protein shakes within the CannaShakes Sports line; and CannaPop, an instant microwave popcorn mix. Cannibble Food-Tech's offerings are available to consumers through a wide network encompassing resellers, distributors, brick-and-mortar retail establishments, its proprietary Pelicann online stores, and various third-party e-commerce platforms.
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