Former PM Barak: Israel Is Now The Land Of Milk, Honey And Cannabis


The State of Israel may now be considered the “land of milk, honey and cannabis,” former prime minister Ehud Barak said as he opened the two-day CannaTech Tel Aviv conference on Monday.

“The cannabis industry is at a unique turning point, turning within a dramatically short time-frame from a pariah to a main-stage industry. Some 35 countries have already legalized cannabis to a certain extent, either medical or sometimes even recreational use,” he said.

The global medical cannabis market was valued at $8.3 billion in 2017, and is projected to soar in value to $28b. by 2024, according to a recent report by Energias Market Research. In January, the Israeli government approved exports of domestically-grown medical cannabis to the worldwide legal market.

Read more at JPOST.




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