dearJulius.com Write For Us

New Israeli law will enable medical cannabis export

SHARE:

An Israeli woman weighs marijuana plants at a medical cannabis plantation in northern Israel, on March 9, 2016.

AFP Relaxnews

In 2016 Israel approved the use of medical cannabis, and last year the public security ministry partially decriminalised marijuana use, setting fines and treatment for initial use instead of criminal procedures.

Israeli lawmakers have given final approval to a law enabling farmers to export medical cannabis, parliament said Wednesday, a move expected to generate significant revenue for the state.

The law passed Tuesday conditions growing cannabis on a health ministry license, with police providing approval and monitoring growers and investors, according to its explanatory notes.

The medical cannabis export market was expected to generate the state income of a billion shekels (US$265 million, 234 million euros) per year.

Yoav Kisch of Prime Minister Benjamin Netanyahu’s Likud party, who penned the law, noted its “huge economic potential” for the state and farmers, calling medical cannabis “a blessed product that eases the suffering of the sick”.

There are currently eight companies in Israel growing medical cannabis, with many more awaiting to receive permission from the authorities, a statement from parliament read.

In 2016 Israel approved the use of medical cannabis, and last year the public security ministry partially decriminalised marijuana use, setting fines and treatment for initial use instead of criminal procedures.

Israeli producers were expected to begin exporting within six months, according to iCAN, an Israel-based firm promoting medical cannabis technologies.

iCAN CEO Saul Kaye called the law “long overdue but welcome”.

“Israel, already the most advanced nation in cannabis R&D, will now be able to produce and market cannabis and cannabis-based products that will help millions of people suffering from illnesses,” he said in a statement.

Nearly two dozen countries have legalised medical marijuana use.

COMMENTS



Note: If you think this story need more information or correction, feel free to comment below your opinion and reaction.
Like & Follow to Stay Updated ...

Name

Body & Mind,3,Fitness,20,Health,1450,Weight Loss,3,Wellness,2,
ltr
item
Health - U.S. Daily News: New Israeli law will enable medical cannabis export
New Israeli law will enable medical cannabis export
https://1.bp.blogspot.com/-uYKy5EcMY1w/XCY4RbK8kiI/AAAAAAAADLo/c7sy7JRCChgQ0gBL0T2ZYTcsBSbADX2eQCLcBGAs/s1600/DailyNewsView.com.jpg
https://1.bp.blogspot.com/-uYKy5EcMY1w/XCY4RbK8kiI/AAAAAAAADLo/c7sy7JRCChgQ0gBL0T2ZYTcsBSbADX2eQCLcBGAs/s72-c/DailyNewsView.com.jpg
Health - U.S. Daily News
https://health.dailynews.us.com/2018/12/new-israeli-law-will-enable-medical.html
https://health.dailynews.us.com/
https://health.dailynews.us.com/
https://health.dailynews.us.com/2018/12/new-israeli-law-will-enable-medical.html
true
6734990777582388991
UTF-8
Loaded All Posts Not found any posts VIEW ALL Read More Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy