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Israel’s Cannabis Industry Blazes Ahead

Some months ago I wrote about Israel’s potential rise as a cannabis superpower and recent news suggest the country is living up to its reputation as a leader in medical cannabis.

In January the government announced plans to open the local medical marijuana market to new farms and sellers.

Adding to the developments on a governmental level, Israeli startups are utilizing cannabis for medical and technological advancements all the while working their way around regulations and other hurdles.

Today only eight farms are allowed to grow cannabis for medical purposes in Israel and to change this, the country’s Health Ministry announced a plan to open the medical marijuana market to new players. This means that anyone who meets specific safety and quality requirements is eligible to grow and sell cannabis.

“Even today there are pharmacies giving out all kinds of other medicines such as morphine. We will also sort out...

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