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  • Post Time Posted January 28, 2019
Israel has given final approval to a law permitting the export of medical cannabis, a move the government expects will catapult investment in local industry and agriculture.

The decision made on Sunday comes a month after the Israeli parliament unanimously approved the move, making Israel the third country in the world, after the Netherlands and Canada, to allow export of medical cannabis products.

Israel is home to dozens of companies active in the medical cannabis industry, and approved companies will be able to export to countries where is is legal.

The law has been in process for years, but had long been stymied by concerns from security agencies about cannabis leaking into the black market. Lawmakers eventually compromised to grant Israeli police oversight of the industry.

Source: https://www.citynews1130.com/2019/01/27/israeli-cabinet-approves-medical-marijuana-exports/

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