Israel has built world-class businesses in cyber security, agricultural technology and big data analysis. Now it has global ambitions in medical marijuana.
Last week an Israeli government committee took the first step towards advancing legislation that would allow the export of medical marijuana products. Officials hope it will encourage new investment and innovation in the field and boost its agricultural sector.
There are a number of Israeli companies aiming to tap this niche but growing industry. They range from farming groups, taking advantage of Israel’s sunny climate and relaxed regulatory environment for cultivating cannabis for medical use, to companies such as Syqe Medical.
Source: 420Intel – Medical Cannabis