Israel: Cannabis exports will go up for final approval by the government
Updated: Dec 25, 2020
Israeli's government is expected to approve the export of medical cannabis.
After three years of discussions, the government is expected to approve the export of medical cannabis from Israel .
According to the inter-ministerial committee, which will be approved by Prime Minister Benjamin Netanyahu, export of cannabis-based medical products, such as inflorescence's and oils, will be approved abroad.
A $30 million cannabis technology venture capital fund is under establishment by Jerusalem-based global investment platform OurCrowdand the 7thirty Opportunity Fund of Boulder, Colorado.
The new fund will invest in emerging companies involved in med-tech, ag-tech, retail, e-commerce, marketplaces, SaaS solutions, and deep-tech research related to cannabis.
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