Innocan Pharma Corp

F:IP40

Business Description

Sector

Health Care

Industry

Pharmaceuticals

Headquarters

Israel IL

Employees

8

IPO date

Sep 24, 2019

Innocan Pharma Corp develops drug products based on cannabinoids, the active compounds from cannabis plants, with a focus on long-acting therapies for pain relief and other medical uses. The company is trying to turn cannabis-derived ingredients into regulated pharmaceutical products rather than consumer hemp or recreational items.

Its main customers are the healthcare and pharmaceutical markets, including patients, doctors, and eventually distributors or partners that can commercialize approved products. Innocan makes money through product development, licensing, and collaboration with third parties, with its value tied to moving cannabinoid science through testing, regulatory review, and into sellable medicines.

What makes the business different is that it sits between the cannabis industry and drug development. Instead of selling flowers, oils, or wellness products directly to consumers, Innocan is working on injectable and topical formulations that could become prescription-grade treatments, which puts it in a more research-driven and regulated part of the market.