Cannabis News Box

Business deals with Canada contribute to Israel’s status as pioneer in medical cannabis R&D

Business deals with Canada contribute to Israel’s status as pioneer in medical cannabis R&D

Bethan Rose Jenkins, Cannabis News Writer/Editorial

November 3, 2018


Filed under Global

Israel, the country that has been dubbed the “Start-up Nation” by many, is on track to become the global leader in medical cannabis. Currently, Israel’s medical cannabis industry is steadily developing and with promising results. Canada has greatly contributed to Israel’s success in the medi...

Cannabis legalization in Israel could bring in $675 million in annual tax revenue

Cannabis legalization in Israel could bring in $675 million in annual tax revenue

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 12, 2018


Filed under Global

Israel’s cannabis market has the potential to completely transform the economy, with the country expected to pull in an estimated $1.8 billion every single year, should the industry be legalized in its entirety. Taxes will not be paid on this amount, but if the green plant is legalized fully for ...

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