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Israel Begins Cannabis Exports To Meet Unmet Medical Needs

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Israel Begins Cannabis Exports to Meet Unmet Medical Needs

Ryan Allway

March 25th, 2020

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Israel has long been an international center for cannabis research. THC, the psychoactive ingredient in cannabis, and CBD, the plant’s predominant non-psychoactive ingredient, were first isolated and defined by Israeli researcher Dr. Raphael Mechoulam in the early 1960s. Research continued there in the following decades, and the Israeli government has contributed greatly to the country’s prominence in the global cannabis industry. 

In Israel, medical cannabis is legal while recreational use remains technically illegal, though the government decriminalized recreational use to some extent in 2017. Government agencies provide funding for cannabis research. In January 2019, the government passed a law to allow exports of medical cannabis, though the first export was announced a year later in January 2020. With that recent development, the table appears set for growth in the Israeli cannabis market. 

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Unmet Need in Europe

Source: https://www.cannabisfn.com/israel-begins-cannabis-exports-to-meet-unmet-medical-needs/

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