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Home 🌿 Marijuana Business News 🌿 Appraisers Conference Urges Israeli Government to Invest in Cannabis for Export 🌿Appraisers Conference Urges Israeli Government to Invest in Cannabis for Export
The annual conference of the Israeli Association of Appraisers held in Tel Aviv last week focused on the ability of Israeli farmers to grow and export medical cannabis overseas, and the enormous profits such an endeavor would yield.
“The medical cannabis market in the US is valued at $35 billion a year, and those figures continue to grow with each passing day,” the association’s chairman Doron Havkin told the conference. “We must undertake a significant move in the field and start generating profits right away.”
Havkin supports a government move that would allow massive starts in cannabis growing in an agricultural area spanning some 6,000 hectares in the Arava region, which desperately needs budgets and development. Havkin sees a solution to the area’s economic needs in dedicating it to growing exclusively medical marijuana for export.
“If Israel were to grow cannabis instead of bell peppers, the local economy would have...
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