Israel

Mon
09
Mar

Israeli Companies to Genetically Modify Cannabis Plants

The cannabis market is always interested in new technology that could help improve this struggling industry get back on its feet and live up to the hype it generated when cannabis consumption was first legalized. Now, a joint venture established by two Israeli companies could possibly give the market that much-needed helping hand. 

Tue
25
Feb

Israel to expunge 40,000 cannabis convictions, implement Canadian-style legalization

Israel wants to be a little more like Canada.

Prime Minister Binyamin Netanyahu tweeted on Sunday that he will be expunging the criminal records of vast amounts of Israelis who had been caught with cannabis and modelling its budding industry after Canada’s, according to The Jerusalem Post.

“I examined the matter and decided to advance the erasure of criminal records of tens of thousands of Israelis for personal use and possession (of cannabis), something that causes unnecessary suffering to many and is a burden on the courts,” he wrote on the social media site.

Fri
31
Jan

First Cannabis Export Allowed into Israel will Improve Patient Access

iStock-Talaj

Tilray has signed an agreement for a 2.5 tonne export agreement with Canndoc to address growing demand for medical cannabis in Israel.

Fri
17
Jan

5 Emerging Cannabis Markets Investors Need To Be Watching In 2020

Read entire article here.

We have noticed a significant increase in the number of companies that are focused on the international cannabis opportunity during the last two years and this is a trend that we are bullish on.

Fri
10
Jan

Israel Launches First State-Sponsored Medical Cannabis Startup Incubator

The cannabis industry is ripe for innovation. For many decades it was completely prohibited across the globe which had a direct, negative impact on innovation.

Fortunately, in recent decades cannabis reform has spread across the world and legal, regulated industries have been allowed to operate.

Fri
03
Jan

Tilray to ship 2.5 tonnes of cannabis to Israel

Canadian weed company is helping end a medical cannabis shortage in Israel.

British Columbia-based Tilray, Inc. (NASDAQ: TLRY) announced Thursday it signed a strategic cooperation agreement with Canndoc, a subsidiary of Israel’s InterCure Ltd., for the import and export of medical cannabis. 

Canndoc will be able to import up to 2.5 tonnes of medical cannabis from Tilray’s facility in Portugal and will use the weed to fill the country’s shortage of medical cannabis, according to a press release.

Tue
17
Dec

At Long Last: Israel Approves Cannabis Export

After waiting for almost a year, the Israeli government has finally allowed the export of cannabis from the country. 

Israel, one of the leaders in the global cannabis industry, is expecting to earn 1 billion shekels, or $273 million, from the sale of medical marijuana. 

What was taking so long?

Even though the government approved the export of cannabis in January, there were hiccups in the implementation of the decision due to months of political turmoil in the country.

Mon
16
Dec

5 Cannabis Stocks That Could Capitalize On The Booming EU Cannabis Sector

Read entire article here.

During the last year, the cannabis sector has been in the middle of a major transition that has been centered around the expansion into new markets. The European Union (EU) has been a point of emphasis for these cannabis operators and we are favorably on this strategy for growth.

When compared to the Canadian and US cannabis markets, the opportunity in the EU is much less saturated and is in the early innings of a major growth cycle. Currently, the production of cannabis is not allowed in most of Europe and the product is imported from either Canada or the Netherlands.

Wed
11
Dec

Coming Soon to a Bar Near You: Cannabis-Infused Beer in Israel

On a hot Tel Aviv summer's day, there is nothing more refreshing than sitting on the beach with a cold bottle of beer. Or is there? CBD-based product company Kaneh-B Ltd. and Beer Bazaar, a local craft brewery with several outposts in Tel Aviv and Jerusalem, are aiming high—to make cannabis-infused beer available in Israel. The beer, called CannaBrew, is set to reach market in January of 2020, Yahav Blaicher, Kaneh-B’s co-founder and chief technology officer, said in a recent interview with Calcalist.

 

Tue
10
Dec

Israel all set to export medical marijuana in valuable new business

Nearly a year after the government supported the proposal, Israel will finally export its medical cannabis after having received final approval.

The country is expected to see 1 billion shekels ($273 million) in annual medical marijuana revenue as Israel is one of the world’s top producers.

The government approved exports in January of this year, but due to the months-long political gridlock in Israel, the process stretched out for longer than expected.

Previous efforts to cash-in on Israel’s booming pot industry overseas were reportedly hindered last year by Prime Minister Benjamin Netanyahu’s close relationship with US President Donald Trump.

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