Cannbit-Tikun Olam Pharmaceuticals will produce medical cannabis products for Teva Israel, to be administered as oils rich in THC and CBD.

Different strains of medical cannabis can now be used to treat conditions from depression to epilepsy, with Israeli 'designer' marijuana leading the market.

A new strain of marijuana developed in Israel possesses the same pain-relieving qualities without the intoxicating and numbing side effects. It has recently been offered to patients eligible for medicinal marijuana treatment.