Israel Allows Medical Cannabis Exports
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Israel Allows Medical Cannabis Exports

The move sets the stage for international sales.

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May 14, 2020

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.