Israel

Tue
03
Apr

Israel’s global cannabis dominance will help the U.S.

Researchers here in the U.S. are eager to run trials with high quality Israeli cannabis strains they cannot get anywhere else.

The strongest, most influential medical cannabis economy in the world is not where most would think.

Cue Israel, which is an agricultural superpower already and has a great green thumb for cannabis cultivation.

Why? Mainly because Israel is leading the globe when it comes to legitimate cannabis research on medical applications for serious illnesses.

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. 

Mon
05
Mar

Israeli medical cannabis company announces record $110 million deal

Medivie Therapeutic warns it will sell knowledge instead of plants if government fails to legalize exports soon.

An Israeli company on Sunday announced a $110 million deal to grow and produce medical cannabis for a European buyer in what it said was the biggest agreement of its kind to be signed in Israel to date.

But it threatened that if the Israeli government did not approve the export of medical cannabis soon, it would sell its knowledge and expertise rather than the cannabis itself.

Medivie Therapeutic and its subsidiary High Pharma will earmark around 100 dunams (25 acres) of land to grow, produce and export up to 50 tons of medical cannabis to the investor each year.

Tue
27
Feb

Police oppose medical marijuana exports, say Netanyahu

Israel has already granted licenses to a handful of cannabis growers and manufacturers, but exports are stalled over a multi-million-shekel funding dispute to securely hold the drug at the airport.

Prime Minister Benjamin Netanyahu told a Likud party faction meeting on Monday that the country’s law enforcement and the Public Security Ministry oppose a plan to export medical marijuana, according to a meeting attendee.

Israel has already granted licenses to a handful of cannabis growers and manufacturers, but exports are stalled over a multi-million-shekel funding dispute to securely hold the drug at Ben Gurion International Airport.

Fri
16
Feb

Is Marijuana the world's most effective treatment for autism?

It’s morning in Nahariya, a tiny Israeli town near the Lebanese border, and 4-year-old Benjamin is repeatedly smashing his head against the wall. He spins wildly in circles, screeching at full volume. As his mother tries frantically to calm him, he pulls down his pants and defecates on the floor.

When they leave their apartment, Benjamin wrestles free of her hand and nearly runs into oncoming traffic. Sharon attempts a trip to the supermarket but leaves before she finishes shopping because her son is screaming while he picks up items and throws them to the floor.

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