icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Smoke & ministers: Israel moves to allow medical marijuana exports

Smoke & ministers: Israel moves to allow medical marijuana exports
An Israeli government committee has given the first go-ahead for the country to export medical marijuana.

The green light came from a ministerial committee on Sunday, but the legislation could take months to get through parliament.

The measure could generate an estimated 1 billion shekels ($267 million) per year for Israel, according to some projections.

The bill aims to regulate and enable the exportation of cannabis in response to global demands for the plant from medical marijuana researchers and business owners.

Today there are eight companies growing [marijuana] in Israel and there are dozens more requests from business owners wanting to practice, pending the relevant bodies,” read a government statement announcing the vote.

Marijuana is currently only allowed for medical use in Israel by special permission. Around 26,000 patients were approved to use cannabis by the Israeli Ministry of Health in 2016, with the number of licenses expected to double by 2018, the Times of Israel reported late last year.

The Israeli government announced recently plans to decriminalize home use and small-scale possession of marijuana, and allocated 8 million shekels to a dozen research programmes studying cannabis for medical use.

READ MORE: High time? German MPs legalize medical marijuana for severely ill

Last year, Israeli drugmaker Teva struck a deal with a Tel Aviv-based start-up to give patients a pocket-sized inhaler that delivers an individualized dose of marijuana.

In the US, 28 states have legalized marijuana for medical use, and the market is estimated to reach $50 billion over the next decade, according to Reuters.

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts