Israeli Cannabis Industry Enters Legal Battle to Allow Exports | CashCropToday
0 Shares 75 Views

Israeli Cannabis Industry Enters Legal Battle to Allow Exports

February 26, 2018
75 Views

Earlier this month, the Israeli Prime Minister was convinced by U.S. President Donald Trump to abandon Isreal’s plan to become one of the largest exporters of cannabis around the world. This has lead to those heavily involved in the cannabis industry in Isreal to fight back.

The opportunity for legal cannabis exports means everything for cultivators, processors, manufacturers, and investors involved in the cannabis industry in Isreal. Hagit Weinstock, the lawyer representing a coalition of cannabis business owners, believes that those involved in the industry won’t be able to sustain profits unless the export of cannabis is allowed. This has lead Weinstock to take legal action against the Israeli government
in a court case to begin this week.

Producers, manufacturers, and investors involved in the Isreali cannabis industry have been preparing for the opportunity to export product since last year and most operations have already built out the necessary infrastructure to support the mass export of cannabis out of the country. Those involved in the cannabis sector in Isreal believe its a matter of time before legislation opens up in their favor.

You may be interested

More Banks Willing to Work with Cannabis Businesses as Legality is Debated
Politics
56 views
Politics
56 views

More Banks Willing to Work with Cannabis Businesses as Legality is Debated

Editor - June 20, 2018

If you live in any of the nine U.S. states that support recreationally legal cannabis legislation like California, Alaska, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont, and Washington,…

Canada Officially Legalizes Recreational Cannabis
Politics
137 views
Politics
137 views

Canada Officially Legalizes Recreational Cannabis

Editor - June 20, 2018

The Canadian government has officially passed Bill C-45 yesterday, better known as The Cannabis Act. Now legislation has been set in place by the country's Senate and…

California Based Edible Company Signs LOI For the Chance to Go Public in Canada
Market Watch
143 views
Market Watch
143 views

California Based Edible Company Signs LOI For the Chance to Go Public in Canada

Editor - June 20, 2018

The Bhang Corporation, a privately-held cannabis edible and accessory company with operations out of California, has entered into a LOI (letter of intent) with Canadian public company…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: