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Tag: Israel

Cannabis Decriminalization Bill Delayed In Israel

Israel has long been a leader when it comes to medical cannabis research. After all, Israel is where renowned scientist, and International Cannabis Business Conference speaker alumni, Raphael Mechoulam became the first person to ever isolate the cannabinoid tetrahydrocannabinol.

Cannabis prohibition throughout the globe has resulted in medical cannabis research efforts being hindered in most countries. Many of the significant scientific breakthroughs in cannabis research have occurred in Israel because the country embraces it.

Unfortunately, some of Israel’s other cannabis policies have not matched its cannabis research policies. Specifically, Israel still prohibits cannabis for adult-use purposes. A bill that would address the current prohibition policy was expected to receive consideration recently, however, that vote was delayed. Per JPost:

The Ministerial Committee on Legislation postponed for a week a bill that would decriminalize cannabis, due in part to a dispute between Likud and Blue and White.

The bill was initiated by Likud MK Sharren Haskel, who was appointed to work on cannabis legislation jointly with Blue and White MK Ram Shefa. But Haskel still hoped to advance the bill that she submitted before the partnership.

It is unclear what the chances are of the bill passing, or for that matter if it will even receive consideration any time soon. The bill vote was initially delayed by a week, yet it’s quite possible that the delay could linger longer if political disagreements continue.

Israel is well-positioned to become an international leader for cannabis commerce, just as it already is for research. However, that will not happen until prohibition ends in Israel for its citizens.

Israel Government Permits Medical Cannabis Exports

Israel is a true pioneer when it comes to medical cannabis policy and cannabis research. After all, it was in Israel that International Cannabis Business Conference alumni Raphael Mechoulam first isolated THC.

The results and findings from cannabis research that was conducted in Israel have benefitted the entire world, not just Israel. The United States has especially benefitted from Israel’s research because of how long research has been hindered in the U.S.

Unfortunately, Israel is behind in one very key area of medical cannabis policy – exports. Knowledge and research may have made it past Israel’s borders, however, the same has not been true for legal medical cannabis products. Fortunately, that is changing. Per The Jerusalem Post:

A free export order for medical cannabis products was signed by outgoing Economy Minister Eli Cohen on Wednesday, approximately 16 months after the government approved exports of locally grown medical cannabis for the first time.

Exporters interested in selling permitted cannabis goods abroad will be required to receive a license from the Health Ministry once the free export order enters into force in another 30 days.

Allowing legal cannabis exports out of Israel is a policy change that is way overdue. Israel possesses more knowledge about medical cannabis than arguably any other country on earth, and suffering patients in other countries should be able to benefit from that knowledge via access to Israeli medical cannabis products.

Entrepreneurs inside and outside of Israel also deserve to help facilitate getting quality products into the hands of suffering patients. Every country should be able to import and export medical cannabis products in a similar fashion that other proven medicines are able to be legally imported and exported.

Israeli Researchers Link Cannabis Use To Weight Gain In Cancer Patients

Significant and rapid weight loss is a serious issue for cancer patients and is often one of the first signs that a person is suffering from cancer. Common cancer treatments usually make the problem worse because they often contribute to further weight loss by the patient.

It is estimated that as many as 100 million people worldwide were suffering from the disease as of 2017, which is more than double the number of people diagnosed with cancer in 1990.

The results of a recent study suggest that the use of cannabis oil may be able to help cancer patients gain weight. You can read about it in our recent article at Cannabis & Tech Today.

When Will Israel Enter The Global Cannabis Industry?

The global markets are opening up for the overall cannabis industry. Despite all of the bumps and setbacks, when will the Israeli cannabis market finally make its global debut?

Right now the question is largely a matter of not just “regulations” but also politics. Donald Trump delayed the entrance of Israel into the global market in a deal with President Benjamin Netanyahu in exchange for moving the nation’s capital to Jerusalem.

In fact, that entrance seems to have been deliberately slowed until the pending European-US pharmaceutical trade deal went into full force this July.

Now, with no more capital swaps on offer, and the U.S. entrenched first in the global trade pathways for medical cannabis at least that are opening up (certainly on the CBD side of the equation), Israel seems next up to the plate.

It is not as if Israelis in the biz do not know this. With external cultivation, production, tech development, and even stock deals on offer now in places like Canada, Eastern Europe, Africa, and the U.S., Israelis are already in the global market.

This despite those in Israel still being bound by a frustrating denial of market entry for what seems, at this point, to be a final stutter as no more excuses can be found.

Why Is Israel Significant?

No matter the leaps and bounds made in cannabinoid research over the last decade just about everywhere reform has hit, as well as widening recognition of medical efficacy, Israel remains where “it is at,” on the medical cannabis front.

The country’s medical research program is decades old. Wider rollout and impact on society is also more established. Israelis these days can go to their regular doctor and a fairly accessible pharmacy system to obtain a drug that costs them $100 a month.

Nobody else on the planet has achieved such an overall equitable medical path to access.

There are other places that Israelis are going to show up (if they have not already) in a cannabis market near you. Namely, the impact of cleantech (growing with little water or energy use) is coming, if it has not already.

The largest legal recreational markets on the planet right now are all deserts and Europe is not shy about its assertion that global warming, indeed, exists.

In Germany, in fact, a new Israeli medtech development deal has just been signed with the country’s largest research hospital (Charite in Berlin). 

While the Israelis have yet to move actual product, they will be soon. And as far as their global impact on the industry currently? It is already here.