Israel

Mon
16
Jul

Israel does what America cannot with cannabis

Veterans groups like the American Legion support cannabis as a potential treatment for Post-Traumatic Stress Disorder (PTSD) and opioid use disorder as well. To their surprise, in late June, the U.S. Senate voted to allow VA doctors to recommend medical marijuana to veterans.

Wed
11
Jul

How Israel's weed tech industry is taking on America's opioid crisis

America is beginning to see cannabis as an alternative to prescription pills. Israel is years ahead - and its entrepreneurs want to curb a crisis of opioid addiction that is completely out of control.

Years ago, when Perry Davidson sold weed in the Israeli desert, he noticed that most of his customers weren’t just in it for the high. From cancer sufferers to those recovering from operations, most came seeking refuge from pain - without the addiction of prescription pills.

Tue
10
Jul

Israel moving to decriminalize marijuana use this week

This week, the Knesset will vote upon the issue of marijuana decriminalization

The Israeli Knesset, the country’s legislative body, is moving to decriminalize marijuana with a vote set for this week. If the new law passes, it would replace jail time for most of those guilty of cannabis possession with civil fines. The Labor, Welfare and Health Committee approved the bill Monday and has advanced it to the full Knesset for consideration. The final vote on the measure is expected as soon as Tuesday.

Tue
10
Jul

Israel's Together to sell cosmetics based on cannabis, Dead Sea minerals

Israel’s Together Pharma said on Tuesday it will set up a new company with Premier Dead Sea to sell cosmetics based on cannabis and Dead Sea minerals.

The firm said the products would be based on CBD, or Cannabidiol — a constitute of the cannabis plant that is used in some health products. Together said it believes that the CBD market is worth hundreds of millions of dollars.

“CBD has a variety of properties that are beneficial to various diseases because of it anti-inflammatory, anti-bacterial, anti-oxidant and anti-aging properties, and its market is expected to grow 700 percent by the year 2020,” it said.

Wed
04
Jul

Israeli medical cannabis grower to shift to EU amid red tape

Recently incorporated medical-cannabis grower Together Pharma is moving some of its greenhouses to the EU amid Israeli red tape that is threatening to strangle the budding industry.

Together Pharma announced on Sunday that it signed a memorandum of understanding (MOU) with an unnamed European Union country to set up a 30,000 sq.m. greenhouse.

Be the first to know – The government reportedly told medical marijuana companies that their cannabis exports would be approved by 2018, according to industry employees. That persuaded the companies to embark on multi-million-shekel investments, some of which could now be in jeopardy.

Mon
02
Jul

Israel's cannabis market shrouded in uncertainty

Restrictions on foreign investors and the government's reluctance to approve exports are inhibiting growth in Israel's medical cannabis sector.

The frenetic activity of Israeli investors in both private and stock exchange investments in the growing and marketing of cannabis has diverted attention from the absence of foreign investors in the sector, although foreign investors do not lack interest in it.

Fri
22
Jun

A trot around the globe to see where and how marijuana is allowed

First and second countries to legalize marijuana

Canada has just legalized the recreational use of marijuana. It is the second country to legalize the plant’s recreational use.The Cannabis Act was passed on Tuesday, 19 June 2018 in a 52-29 vote in the Senate. The bill controls and regulates how the herb can be grown, distributed and sold. Canadians will be able to buy and consume cannabis legally from September. Adults over the age of 18 will be allowed to possess up to 30 grams.

Fri
22
Jun

Israel Medical Cannabis Association presents 'Humans' series

The Israel Medical Cannabis Association (iCan) and Knesset medical cannabis lobby led by MK Sharren Haskel (Likud) last year led the partially successful push for cannabis decriminalization, leading to the unanimous Knesset vote this March to back legislation reducing punishment for recreational use of marijuana and dropping jail sentences for most users.

Wed
20
Jun

A higher calling: How Israeli marijuana research changed the world

As much of the world debates how to address marijuana use, the vast majority of American states have legalized it or allow it for medical purposes. Global pharmaceutical companies and hospitals seeking effective treatments using cannabis should look to Professor Raphael Mechoulam, a scientist at Hebrew University. Mechoulam, a pioneer in the field, was the first to isolate, analyze and synthesize the major psychoactive and non-psychoactive compounds in cannabis and has developed a number of revolutionary marijuana-related treatments. 

Thu
14
Jun

Israel’s infant cannabis industry at risk as government waffles on allowing exports

Businesses say they will set up shop elsewhere if they can’t sell their product in Israel.

Attorney Hagit Weinstock sits in her Tel Aviv office amid piles of documents that have been a source of persistent frustration for her and her clients. “Here is a letter from the president of Uganda saying he wants to enter into a cooperative agreement with us. Here’s a letter from an American company that wants to invest with us,” she said.

The source of her frustration is the feeling that the entire world cannabis industry is knocking on her door with an open wallet and the only reason she can’t answer is that Israel’s government has been unable to make a decision on whether to permit exports of medical marijuana.

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