You are here

Home 🌿 Medical Cannabis News 🌿 Israel to begin exporting medical marijuana soon, report 🌿

Israel to begin exporting medical marijuana soon, report

Submitted by Marijuana News on Fri, 12/09/2016 - 09:48

Israel will begin the exportation of  medical marijuana abroad. The move comes after its government  approved measures in June to make medical cannabis more easily accessible to over 23,000 patients in Israel, Israel Hebrew daily Yedioth Ahronoth reported on Thursday.

Israel could bring in over NIS 1 billion ($264 million) annually from the exportation of medical marijuana and create thousands of jobs in agriculture in the country.

Israel would become one of the few countries in the world exporting medical cannabis beside the US. Hospitals and universities world wide are interested in importing cannabis for research purposes, while pharmaceutical companies are examining options for using cannabis as a source for relief.

The government approved a plan to ease restrictions on growing medical marijuana after it was proven that its use brings pain relief and can even extend lives in terminal illnesses such as cancer and AIDS. The Agriculture Ministry has set...

READ MORE: 
Jewish Business News
e-mail icon Facebook icon Twitter icon LinkedIn icon Reddit icon
Rate this article: 
Region: 
Israel

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


420 Intel is Your Source for Marijuana News

420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.

420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.

Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.

You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.

Â