Israel’s Finance and Health ministries approved a medical marijuana export plan that looks to increase annual revenue from $1 billion to $4 billion as the government-supervised program seeks to brand and market its pot products internationally.
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Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis.
Ecofibre is expanding rapidly in the US market, where medicinal cannabis is now legal in over 30 states, including five which approved propositions to that effect at the last US election.
On Nov. 23, 2016, Canopy Growth Corporation (TSX:CGC) announced that Bedrocan Canada, one of its subsidiaries, had completed its first export of cannabis to South America, shipping 10 kg of dried cannabis to Brazil for the research and development of cannabis-based therapeutics in the country.
TEL AVIV – Israel will begin exporting medical marijuana abroad, Agriculture Minister Uri Ariel said Sunday.
The number of people in Israel being treated with cannabis has soared from a few dozen 10 years ago to about 23,000 in 2015. Cannabis producers … View Original Article Here
Could Canada’s first mover advantage in the business of marijuana translate into an industry that we could ultimately export to the United States?