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Israeli cannabis startup MediCane Health is looking to compete with big pharma


 
Aviram also serves as a co-founder and CEO of OrCam, which focuses on developing products that are designed for the visually and hearing impaired, and sees MediCane as yet another company “whose job is to help humanity,” which is true also for the autonomous vehicle company Mobileye, which he founded along with Prof. Amnon Shashua. Recently, Calcalist revealed that OrCam which was founded in 2017 - during the same year that Mobileye was sold to Intel for a valuation of $14.5 billion - has plans to raise an additional $200 million at a valuation of around $2 billion. Venture capital sources estimate that after that investment round, the company will head for an initial public offering on Wall Street at a $3 billion valuation.

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