Israel: Forget the Startup Nation, Welcome to the Cannabis Nation
For a conference on marijuana, the Cannatech convention was remarkably free of reggae and thick smoke. If the three-day event held in Tel Aviv and Jerusalem March 7-9 featured fantasies, they were about financing and economic opportunities for the medical cannabis industry. And yeah, that whiff arose two or three times.
The investment world is a trendy place, replacing fashions every couple of years: Commodities gave way to emerging markets and now some think the latest wrinkle is cannabis. Every stoner can tell you between puffs how marijuana is going to save the world economy and how dark economic interests caused it to be classified as a dangerous drug, but archaeological evidence indicates that it was cultivated as early as 12,000 years ago in Asia, its indigenous region, and that the Chinese used it medicinally thousands of years ago .
The cannabis stem and branches can be turned into hemp...
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