The latest agricultural exhibition in the Arabah featured many plantations of cannabis for medical purposes. With newly approved regulations to make the plant much more accessible to patients, this can become an enormous business for Israel.
Photo credit: Channel 2 News
Tens of thousands of Israelis visited the agricultural exhibition this week in the Arabah region, which is held annually ahead of Tu B’shevat. Among other things, they witnessed a growing number of cannabis plantations for medical purposes.
A few months ago, the government approved new measures to ease restrictions on growing medical cannabis. This has made the cannabis industry immensely popular among local farmers, who view it as an enormous business opportunity.
The State of Israel seems to agree. Justice Minister Ayelet Shaked, who visited the exhibition, said the medical cannabis market will make approximately two billion shekels a year. This, she added, “will be a significant source of income for the country and for strengthening the agriculture in the Arabah.”