Israel

Thu
14
May

Israel approves medical cannabis exports

Israel gave approval on Wednesday for exports of medical cannabis, paving the way for sales abroad that the government expects to produce hundreds of millions of dollars in revenue.

“This is a significant step for exporters and the Israeli industry, which will enable both expansion of export opportunities as well as rising employment … in the field,” said Economy Minister Eli Cohen.

Cohen gave final approval for the exports more than a year after the cabinet backed a new law to permit them. Cohen’s order takes effect in 30 days, allowing exporters to apply for a licence from the Health Ministry.

Wed
13
May

Can Marijuana Terpenes Treat COVID-19? These Scientists Believe So

Israeli researchers will utilize antiviral agents found in cannabis terpenes to slow the spread of the novel coronavirus.

When you smell marijuana, what you’re actually smelling is terpenes. These organic compounds create aroma in all plants, and each cannabis strain contains its own set of terpenes. This is why your stashes of marijuana smell different, even if they share the same general perfume. Similar to cannabinoids like THC and CBD, terpenes bond with your endocannabinoids and deliver therapeutic effects to your system.

Thu
07
May

With Exports Delayed, the Promise of Israel’s Cannabis Industry Goes Up in Smoke

Last week, the last of Israel’s public medical cannabis companies published its financial report for 2019. A glance at the numbers presented by all 11 companies reveals a rather glum picture.

Five of these companies, all with activity mainly or exclusively dedicated to medical cannabis, finished the year with zero income, millions of shekels in losses, a high cash burning rate, exceeding for some of them the available cash in their coffers.

Fri
24
Apr

Israeli Biotech Company To Start Clinical Trials of CBD-Enhanced COVID-19 Treatment

An Israel-based CBD company believes it may have a potential treatment for COVID-19.

Stero Biotechs announced this past weekend that it will start a clinical trial this month with the hope of mitigating the effects of those infected with the coronavirus. The study will begin immediately at Rabin Medical Center Golda HaSharon Campus in Petah Tikva, Israel. The company will test a steroid-CBD treatment on patients hospitalized due to the virus.

Tue
21
Apr

Israeli Researchers Work on CBD-Based Treatment for COVID-19

So here we are, a few months after the first COVID-19 case was officially diagnosed, and this disease has pretty much taken over every aspect of our lives. It’s constantly in the news, most of the world is on some level of lockdown, and people are looking for that light at the end of the tunnel.

Mon
06
Apr

Israel: How Do You Export Cannabis in the Time of Coronavirus?

It’s tough to be stuck in the house, especially if you want to save the world. Or at least your company. Some Israelis are finding ways to do business that would under non-coronaviral conditions require them to fly.

Thu
02
Apr

Israeli Cannabis Connection Grows

Israel has been the center of some of the strongest research on cannabis, but for years remained in the research only field. That is beginning to change as more Israeli companies are raising money and more cannabis is being imported to the country.

Panaxia Labs

Mon
30
Mar

Why CBD Oil is Bringing Cannabis Products Mainstream

Cannabis has been around for a long time. People often associate cannabis with the illegal marijuana drug. However, an increasing number of people are starting to learn that cannabis can produce some legal products which can make you feel better. There is no more need to take the legal risk of smoking or eating marijuana.  

Fri
27
Mar

Why Israel Is (and will continue to be) A Global Leader in the Cannabis Industry

When we think about legal cannabis products, there is a certain level of expectation there. The fad of “everything CBD” has faded over the last year and people are looking for more a product that’s merely, CBD-infused.

The cannabis products of today need to be more professional, safe, accurate, and efficient – and this applies to everything from raw flowers to highly processed pharmaceuticals. People want to know what’s in their products and where it comes from, and large stores and pharmacy chains, like CVS for example, will only sell products that contain safe and legal ingredients.

In the very-near future, we can expect to see Israel leading the way in the production and verification of safe cannabis products. Let’s take a look at why this is.

Wed
18
Mar

1 Country Just Legalized Medical Marijuana and Another May Be on the Way

Marijuana legalization has made significant progress over the years, and Malawi is the latest country to permit its use. The African country of about 19 million people will now allow cannabis to be used in medicine and in the creation of hemp fibers. While it doesn't permit the recreational use of marijuana, it's another significant step forward for Africa, where Zambia, Zimbabwe, Lesotho, and South Africa have all loosened their laws relating to cannabis.

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