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Israeli Farmers Look to Medical Cannabis as Premium Crop

 

Many see the potential of medical marijuana, arguing it could be more lucrative to Israel than the newly found natural gas fields.

By Israel Today Staff

 

Israel is busy sorting out regulation for offshore natural gas reserves that are expected to be a boon for the local economy, while some argue that medical cannabis offers the Jewish state an even bigger financial opportunity.

Earlier this month, the Israel Loss Adjusters Association (ILAA) held a conference to discuss how Israel’s farmers could benefit from the growing global market for medical cannabis.

“The US cannabis market stands at $35 billion a year,” noted ILAA Chairman Doron Havkin.
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