Israel Allows Medical Cannabis Exports
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.