🗞️ NASDAQ: BCAN Signs Commercial Agreement!

[View online]( [UNSUBSCRIBE]( ALERT: NASDAQ: BCAN BREAKING NEWS!! Tel Aviv Listed Together Pharma’s Subsidiary Globus Pharma Ltd and BYND Cannasoft Enterprises’ Subsidiary Sign First Commercial Agreement for Medical Cannabis Products BYND Cannasoft Enterprises, Inc. VANCOUVER, British Columbia and ASHKELON, Israel, Oct. 27, 2022 (GLOBE NEWSWIRE) -- BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) ("BYND Cannasoft" or the "Company") announced today its Israeli subsidiary signed an agreement with Globus Pharma LTD, a subsidiary of Israeli-based Together Pharma Ltd (TA: TGTR), for the cultivation, production, and distribution of medical cannabis products that are expected to generate significant revenues for the company before costs of manufacturing and distribution fees. The manufacturing of the medical cannabis products will adhere to BYND Cannasoft's instructions and stringent standards. These products will be exclusively marketed and distributed by BYND Cannasoft in Israel through Globus Pharma. Due to their safety profile and strong therapeutic efficacy, the products are based on strains developed by Together Pharma and selected exclusively by BYND Cannasoft. BYND Cannasoft’s agreement with Together Pharma will take effect upon the issuance of a full license by the Medical Cannabis Unit at the Ministry of Health of the State of Israel (the “MCU”). While BYND Cannasoft has received initial approval from the MCU to engage in medical cannabis without direct contact with the substance, there is no guarantee that it will receive a full license. Israel has emerged as one of the leading countries for the consumption of medical cannabis in the world. According to Israel's Health Ministry, more than 100,000 Israeli citizens have medical cannabis permits, a 1,600 percent increase over the past decade. Regulations governing the research, cultivation, processing, distribution, and sale of cannabis remain extremely strict. Israel's Health Ministry estimated that medical cannabis consumption increased to 43 metric tons in 2021, from 28.5 million in 2020. According to Prohibition Partners, an industry analysis firm, Israel's medicinal cannabis market had an approximate value of $264 million in 2021, roughly $7 million less than all of Europe's. Yftah Ben Yaackov, CEO and Director of BYND, said, “The medical cannabis arena is being commercialized rapidly in Israel, and we expect to see more development in Israel and worldwide. Many of today's decision-makers in the pharmaceutical industry and the medical community understand the benefits produced by specific cannabis strains." Mr. Yaackov continued, "The products BYND Cannasoft plans to bring to market may provide additional treatment options and respond to the unmet medical needs of patients. After an in-depth and lengthy review, we partnered with Together Pharma because we knew we could have a tremendous impact on the community. The high-quality medical cannabis Together Pharma produces in accordance with BYND Cannasoft's high quality and safety standards - will help us realize our goal of improving patients' lives." Full press release: Previous email incase you missed it: A Recent $28M Acquisition May About to Push NASDAQ Small-Cap BCAN to the Front of the Fast-Growing Legal Cannabis Space…. Greetings Investors, Earlier this month companies trading in the cannabis arena saw a big boost when President Biden announced a pardon for people who were convicted on federal charges for simple marijuana possession. The President also called for a review of the way the drug is federally scheduled as a controlled substance. He is urging state governors to follow his lead. Will the United States see federal cannabis reform finally in 2023? It’s one of the biggest questions on the minds of many. If reform were to finally happen, it could mean explosive things for companies trading within the space. This includes emerging NASDAQ company BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) which is starting to light up on Wall Street as more people learn about the company and its very recent acquisition of a game-changing CBD medical device designed for women! [( NASDAQ: BCAN CSE: BYND The Company Trading at around $3, (NASDAQ: BCAN) (CSE: BYND) is an integrated software/cannabis company focused on the development of its customer relationship management (CRM) platform for the medical cannabis market, along with the advancement of certain products and initiatives. The company has 20 years of experience in customer-relationship management (CRM), which companies use to manage interactions with customers and potential customers. (NASDAQ: BCAN) (CSE: BYND) provides CRM software that optimizes the day-to-day functions (sales management, workforce management, etc) of over 400 organizations worldwide, including Israel’s nuclear research center Soreq, and leading Israeli insurance company Harel. In recent years, the company has developed CRM software for the field of medicinal cannabis and is in the process of acquiring a license to grow medical cannabis in Israel. [READ FULL PROFILE ON NASDAQ: BCAN](     Copyright 2022 © TopStockTips is owned and operated by Top Stock Tips Ltd. [Disclaimer and PrivacyÂ]( more Information please contact editor@topstocktips.com This website provides information about the stock market and other investments. This website does not provide investment advice and should not be used as a replacement for investment advice from a qualified professional. This website is for informational purposes only. 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