Israel Allows Medical Cannabis Exports

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Israel approved medical cannabis exports May 13, setting the stage for international sales, according to a Reuters report.

“This is a significant step for exporters and the Israeli industry, which will enable both expansion of export opportunities as well as rising employment … in the field,” Economy Minister Eli Cohen told the news outlet.

Israel’s cabinet supported a new law to approve medical cannabis exports last year, Reuters reported, and Cohen’s order will take effect in 30 days.

Exporters must apply for a license from the Health Ministry, according to the news outlet, and some companies already have agreements in place to sell cannabis abroad once the licenses are available.

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