• Daily Marijuana Observer Facebook
  • Daily Marijuana Observer Twitter
  • Daily Marijuana Observer StockTwits
  • Daily Marijuana Observer SA
  • Daily Marijuana Observer Instagram
  • Daily Marijuana Observer Youtube
  • Pinterest Social Icon
  • Daily Marijuana Observer Talk Market

Israel May Start Exporting Medical Marijuana!

August 14, 2017


A government panel in Israel recommended yesterday that the country export its medical cannabis to the legalized world.


A joint committee of the Health and Finance ministries recommended allowing exportation based on estimates that doing so could earn Israel as much as $4 billion a year in revenue. 


Health Minister Yaakov Litzman was originally against the idea of exportation because he felt that it would encourage the recreational use of cannabis in Israel. However, Litzman changed his opinion, adding that the revenue would be earmarked for improving Israel’s healthcare system. 


The recommendation was put forth with the stipulation that exports would be handled by the Health Ministry or licensed producers of cannabis in Israel under government supervision. Exports would only be approved to countries that have legalized medical cannabis. All forms of medical marijuana would be eligible for export including flower, processed tablets, and oils.


Cannabis cultivators in Israel have been lobbying for international export rights for years, suggesting that it would be a growth engine for the country.


The government panel also recommended forming a team of government officials to brand and market Israel’s marijuana products internationally.


Home to Dr. Raphael Mechoulam, the godfather of THC, Israel is one of the leading cannabis-research nations in the world with groundbreaking studies into the medicinal uses of cannabis.


This article was originally published on Marijuana.com


About Jon Hiltz: Jonathan Hiltz has been a journalist, a TV producer and marijuana advocate for over sixteen years. He has a wife, two young children and lives in the Toronto area.

Please reload

Please reload

Please reload


© Copyright 2016-2020 Smoke Show Ventures, Inc.

RSS Feed

Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.