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Wed
18
Apr

If the United Nations reclassifies cannabis, will the United States follow?

The FDA is looking for public input on pot to report back to the UN’s World Health Organization.

With the United Nations’ World Health Organization (WHO) launching a reevaluation of cannabis' international scheduling, member nations — including the United States — are reaching out to their own constituencies for public comment.

Wed
18
Apr

Medical marijuana will arrive in Israeli pharmacies in time for 4/20

Select Israeli pharmacies will begin selling medical marijuana... on April 20, of course.

Instead of teenagers smoking after school at 4:20 p.m. or activists waiting until April 20 (4/20 by American date notation), nearly two dozen Israeli pharmacies will start selling medical marijuana on that date this Friday – known worldwide as a day on which advocates for legalization light up in public. As part of a pilot program, 21 Super-Pharm outlets plan to sell medical cannabis oil in cities throughout the country, with the exception of Tel Aviv and Eilat.

Two other private pharmacies plan to participate but are not expected to start selling this week, while the four Israeli health fund pharmacies are not interested in providing medical marijuana – for now.

Tue
03
Apr

TASE investors get high on Israel's cannabis stocks

It is unclear whether medical cannabis exports will be permitted, but share prices of companies in the industry are soaring.

The medical cannabis market in Israel is undergoing a period of uncertainty. The big question now is whether exports of cannabis products from Israel will be allowed, and if so, when.

Despite the uncertainty in the sector, shares in cannabis companies have overtaken cryptocurrencies as the latest hot market shakers on the TASE.

Cannabis share prices soared by triple-digit percentages over the past week, and trading in them is currently very volatile. Is this a bubble? This will become known only at a later stage, but there is no doubt that the cannabis market is behaving like an investment fashion.

Tue
27
Mar

A convention of cannabis minds at the CannaTech conference

The CannaTech Conference was just held March 18-21, 2018, in Tel Aviv, Israel. The conference was about as comprehensive as a medical cannabis conference could be.

The most significant global industry leaders were there, and thought leaders led workshops in the fields of research and science, medicine, finance, technology innovation, agriculture and government policy--all with a singular focus on medical cannabis.

The event was an amazing showcase into the groundbreaking and very significant contributions in all of these fields.

Mon
19
Mar

Israeli medical marijuana grower to move farm abroad

Red tape stalls leading country’s green export potential.

Together Pharma, a recently-incorporated Israeli medical-marijuana firm, announced on Sunday that it would relocate part of its cultivation outside of the country, amid regulatory uncertainty over whether exports would eventually be permitted.

The government reportedly told medicinal marijuana companies that their cannabis exports would be approved by 2018, according to industry employees. That persuaded the companies to embark on multi-billion-shekel investments, many of which could now be in jeopardy.

Wed
14
Mar

Israel first country to approve medical cannabis vaporizer

The Israeli Ministry of Health has approved Kanabo Research’s medical cannabis vaporizer as a medical device.

Israel has become the first county in the world to grant medical device approval to a vaporizer for the use of medical cannabis extracts and formulations.

The Israeli Ministry of Health has granted initial approval as a medical device to the VapePod vaporizer developed by Kanabo Research, a Tel-Aviv-based medical cannabis R&D company.

Mon
12
Mar

Israel could soon decriminalize marijuana

With a vote on a new bill this week in the Knesset, Israel could soon decriminalize marijuana. The Knesset is Israel’s legislative body.

It voted unanimously to pass the bill on its first reading on March 7. Two more successful votes are required for the measure to become law.

The law changes penalties for those caught possessing cannabis in public. Fines would replace jail time for most offenses.

Public Security and Strategic Affairs Minister Gilad Erdan leads the effort to pass the bill.

Fri
09
Mar

Israel's parliament unanimously votes to progress cannabis decriminalization

'The law is far from perfect, but it's a foot in the door on the way to full legalisation'.

A bill to decriminalise cannabis use passed was unanimously in its first reading in Israel‘s parliament. 

The proposal would mean those caught smoking marijuana would be fined rather than arrested and prosecuted. 

First-time offenders would be fined 1,000 shekels (£209), second-time offenders fined double and those caught a third time would face a “probation” period. 

Only on the fourth offence could individuals be subject to criminal proceedings. 

Thu
08
Feb

Cannabis is safe and effective for elderly patients, says study

Cannabis therapy is safe and effective among elderly patients diagnosed with chronic pain, according to clinical data published online ahead of print in the European Journal of Internal Medicine.

Researchers from Hebrew University and the Ben Gurion University of Negrev in Israel assessed the use of therapeutic cannabis over a period of six months in a cohort of 1,186 patients above 65 years of age. The majority of patients enrolled in the trial suffered from pain or cancer. Under an Israeli federal program, over 32,000 citizens are licensed to utilize cannabis therapy.

Tue
06
Feb

India’s cannabis economy has a new hope—Patanjali

India’s leading ayurveda-based products maker now wants to ace cannabis research.

Patanjali Ayurved is stepping up studies on the plant’s medicinal and industrial properties, its chief executive Balkrishna told Quartz.

“In ayurveda, since ancient times, parts of cannabis (hemp), for instance, have been used for medicinal purposes. So, we are looking at various formulations. We should ponder over the benefits and positive uses of the cannabis plant,” Balkrishna said over a call.

At its research and development centre in Haridwar, a team of some 200 scientists is looking into the benefits of various indigenous Indian plant species and their extracts for use in medicines and other products. Cannabis is one of them.

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