Israeli Biotech Firm Partners With Canadian Company To Develop Cannabis Clones

November 19, 2017 | Israeli agro-biotech company Rahan Meristem recently established a joint venture with leading indoor plant growth tech company Future Farm Technologies. The Canadian company will provide funding and an indoor, air-conditioned laboratory in the United States or Canada so that the Israeli-founded company can continue its proprietary technology to mass produce cannabis clones and hemp plants that can be sold for medical purposes worldwide. Rahan has already produced elite clones of bananas, plantains, and other plants for customers around the world, Future Farm Technologies CEO Bill Gildea noted. These clones are tissue cultured produced plants genetically identical to the plant they were taken from. Rahan can create exact replicas of their best plants, with the same characteristics. A positive by-product of the joint venture is that the plants will be patentable and the two companies have agreed to share in the profits.