Israel Announces First Export Of Medical Cannabis Seeds To The US

The Agriculture Ministry of Israel announced late Wednesday that the first export of Israeli cannabis seeds to the U.S. had been shipped, “hailing the move as a major step toward becoming a global pioneer in the field,” reported the Times of Israel.

The cargo contained seeds from the local BetterSeeds company, which has a research license from the Health Ministry. “Israel has the ability to make its mark [on the industry] and be among the world’s leaders,” Agriculture Minister Oded Forer said.

“The export of cannabis seeds invites us to expand the diversity of Israeli agricultural exports and strengthens local agriculture,” Forer added. It also “exploits Israel’s relative advantage in an area that is still considered preliminary.”

The government amended its medical cannabis export rules to allow for the export of cannabis seeds in 2021.

President Isaac Herzog and Justice Minister Gideon Sa'ar announced in March that the government is also considering expunging criminal records of those convicted of personal possession or cannabis use. 

Image Via El Planteo. 

 

Market News and Data brought to you by Benzinga APIs
Posted In: CannabisNewsCommoditiesMarketsBetterSeedsIsrael CannabisUS Exports
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

The Benzinga Cannabis Capital Conference is coming to Florida

The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.

Get your tickets now on bzcannabis.com – Prices will increase very soon!


Loading...