Israel Is Leading The Cannabis Revolution
Peter Sayles |
The cannabis revolution is underway. And is being led by Israel.
The Israeli cabinet approved businesses to export medical cannabis on January 27, 2019.
Israel’s Parliament voted 21-0 in favor of the bill.
The Finance Ministry expects exports to reach up to $4 billion shekels ($1.1 billion). And will bring in as much as 1 billion shekels ($273 million) a year in tax revenue.
Finance Minister Moshe Kahlon said exports “will bring hundreds of millions to the nation’s coffers and will strengthen Israeli agriculture and technology.”
This bill only cements Israel as a leader in the cannabis industry as a whole.
Here’s a couple things to note about Israel leading the world in cannabis production, research, and development:
Breath Of Life Has Biggest Cannabis Facility In The World
Breath of Life – an Israeli cannabis production company – has 1 million square feet of space dedicated to the cultivation process.
They have 32 drugs in Phase 2 trials. And are the undivided leader in the space.
BOL Press releases – https://www.bolpharma.com/news-press/
Israeli Scientists Continue Discovering Health Benefits Of Cannabis
Israel became the first country to allow medical research and cannabis cultivation in 2007.
They started providing licenses for the treatment of epilepsy in 2014.
This has given Israel an enormous head start in conducting studies and clinical trials for medical research.
There are more than 110 clinical trials going on as we speak… many of which are backed by the Israeli government.
1)Israeli chemist Raphael Mechoulam co-discovered the endocannabinoid system – the largest receptor system in the human body.
Mechoulam also discovered the “human brain produces its own cannabinoids – compounds that stimulate the body’s receptor system” in 2017.
And he also discovered the Tetrahydrocannabinol, the psychoactive component of cannabis.
2) A 2019 just concluded a new study which found cannabis was effective in alleviating symptoms for kids with autism.
Tikkun Olam Ltd – the largest supplier of cannabis in the country provided the cannabis for the study. And the study was conducted between Ben-Gurion University and Soroka University Medical Center.
A total of 188 kids participated in the study. The study published in Nature was conducted over two years (2015-2017) at the Soroka University Medical Center.
“The treatment in majority of the patients was based on cannabis oil containing 30% CBD and 1.5% THC. ”
Overall, 84% of the kids saw moderate or significant improvements of the 155 who were still active six months in.
The biggest side effects were restlessness, psychoactive effect, sleepiness, dry mouth, increased appetite. We wouldn’t consider those too adverse compared to some more serious drugs.
3) Israeli startup Gynica became the first company to specialize in the research and development (R&D) to a treatment for endometriosis – a condition where tissue from the uterine lining migrates to other organs inside the body.
Gynica claims the female reproductive system contains the most endocannabinoid receptors in the human body after the brain.
Professor Moshe Hod – President of the European Association of Perinatal Medicine (EAPM) and Professor of Gynecology at the Tel Aviv University Faculty of Medicine – says cannabis may stop the proliferation of endometriosis.
There’s still more R&D to be done, but Gynica continues to pioneer the space.
4) Another Israeli study showed cannabis is a very effective use of therapy for the elderly.
Tikkun Olam provided the cannabis for this study as well.
“After six months of treatment, 93.7% of the respondents reported improvement in their condition and the reported pain level was reduced by half.“
The best part was combatting the use of opioids.
18% of patients reduced their opioid intake or stopped taking them altogether after six months.
5) Companies Are Flocking To Israel For Cannabis Research
Dr. Mechoulam (from #1) now consults and helps three U.S. companies with their research.
Garyn Angel – CEO and founder of Magical Butter – said:
“The world’s best cannabis scientists and researchers are all out of Israel. No other country comes close…I can do more in two days in Israel than I can do in three weeks in other countries”
He moved to Israel in 2015 to build his company, which extracts botanicals from cannabis to create butter, oils, and lotions.
Jmichaele Keller – President of Steep Hill Labs – said, “Israel is the epicenter of research and development not only in growing the plant and creating extracts and different products, but also on the medical and research fronts, so we knew that we really needed to be there.”
Israel is the dark-horse powerhouse of the cannabis industry.
It’s considered a top hub for startups. And has even got a Silicon Valley type reputation for its cyber security, AI, and defense startup successes.
You may recognize companies like MobileEye (acquired by Intel for $15.3 billion), CyberArk Software, and Check Point Software Technology among the list.
But it’s quietly established itself as a pioneer in the cannabis space.
It’s continuing to lead the way in medical cannabis research too.
Forbes stated “Over 150 research studies are being carried out right now, many of them in the clinical space. Many of these trials are being conducted by US companies on Israeli soil, as it’s a more accessible arena to study the drug.”
If you’re looking to cash in on the medical cannabis boom, it’d be wise to start looking for companies based in Israel