HackerNoon, a leading technology publication, recently released its “Startups of the Year 2023” list, which recognizes over 70 Istanbul-based startups. The list includes a diverse range of companies, from fintech and e-commerce to healthcare and education. However, one industry that stood out was the medical marijuana program connection.
Turkey has been making strides in the medical marijuana industry in recent years. In 2016, the country legalized the use of cannabis-based drugs for medical purposes. Since then, the government has been working to establish a regulated medical marijuana program. In 2019, the Ministry of Agriculture and Forestry announced that it had received over 500 applications from companies interested in growing and producing medical cannabis.
Several of the startups recognized by HackerNoon are involved in the medical marijuana industry. One such company is Bionnabis, which produces medical cannabis products for patients with chronic pain, epilepsy, and other conditions. The company uses advanced extraction techniques to create high-quality cannabis oil that is free from harmful chemicals.
Another startup on the list is MedCann, which provides medical cannabis consultations and education to patients and healthcare professionals. The company also offers a range of cannabis-based products, including oils, capsules, and creams.
Other startups on the list are focused on developing technology to support the medical marijuana industry. For example, CannaTech is a software company that provides seed-to-sale tracking solutions for cannabis growers and dispensaries. The company’s platform helps businesses comply with regulations and manage their operations more efficiently.
The recognition of these startups by HackerNoon is a testament to the growing importance of the medical marijuana industry in Turkey. As more companies enter the market, there is potential for significant growth and innovation in this space. However, there are also challenges to be addressed, such as ensuring patient safety and establishing clear regulations for the industry.
Overall, the “Startups of the Year 2023” list highlights the exciting developments taking place in Istanbul’s startup scene. The recognition of medical marijuana startups is just one example of the diverse range of industries and innovations being pursued by entrepreneurs in the city. As these startups continue to grow and succeed, they have the potential to make a significant impact on Turkey’s economy and society.
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- Source: https://zephyrnet.com/over-70-startups-in-istanbul-recognized-in-hackernoons-startups-of-the-year-2023-world-news-report-medical-marijuana-program-connection/