Israel Government Funding Rolling into Medical Cannabis Industry

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While Israel is already a world leader in medical cannabis research, for the first time the government has decided to fuel the blaze.

The Agriculture Ministry’s chief scientist will be investing NIS 8 million in 13 relevant biochemistry and medical research projects, with the hope of improving the growth of medical cannabis in Israel, the ministry announced on Monday. Describing the initiative as “a pioneering step,” the ministry said the funds will enable scientists to perform both basic and applied research for five years, developing the tools and infrastructure “that will lead the next generation of medical cannabis products.”

“It is our privilege to fund these studies, which are likely to save many patients,” Agriculture Minister Uri Ariel said on Monday. “This is further proof that agriculture is an important foundation for every field of life, including life-saving medicines, and I welcome this step.”

While the subject of medical cannabis...

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