WEED Israel Cannabis Ltd. was established to build and expand WEED, Inc.’s global presence. In support of WEED Israel Cannabis Ltd., WEED, Inc. has entered into an exclusive license and assignment agreement with Yissum Research Development Company of the Hebrew University of Jerusalem Ltd., Israel. The agreement is for five patents, technology and know-how relating to formulations for the administration and delivery of cannabinoid compounds. These patents were developed by Prof. Elka Touitou at the Hebrew University of Jerusalem. Human clinical trials using these five patents, technology, research and know-how are anticipated to commence in the 3rd quarter 2019.
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