From hi-tech to ‘high’ tech, Israel is planting the seeds for a cannabis economy

Spark-Up Nation has a pretty good ring to it, don’t you think? Saul Kaye, the CEO of iCAN, certainly does.

For Kaye, whose company is holding its second annual CannTech conference on cannabis in Israel next month, the Jewish state is fertile ground for growing a cannabis economy.

“Israel is leading the world in research and development, from the medical side to the medical devices to the agro side,” he told The Jerusalem Post in the company’s co-working space in Beit Shemesh.

Indeed, Israel has been a leader in cannabis research.

Compared to the United States, where heavy regulation prohibits many forms of marijuana- related research, Israel’s regulatory framework has been somewhat more relaxed.

The active compounds in cannabis – which has become the preferred term over marijuana within the industry – were discovered in Israel by Prof. Raphael Mechoulam and Dr. Yechiel Gaoni. Add that to the fact that Israel has...

Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.