Healthcare And Life Sciences Legal Update | January 2019

Author:Ms Hili Cohen and Tami Fishman Juktowitz
Profession:Gross, Kleinhendler, Hodak, Halevy, Greenberg & Co.
 
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The Israeli Ministry of Health (“MOH“) has since 2016 been implementing a precedential and revolutionary reform regarding medical cannabis, which regulates all phases of the medical cannabis process, starting from cultivation and up to the sale of medical cannabis products by licensed pharmacists (the “Reform“). See our previous legal update on the matter.

Earlier this week, on January 27, 2019, following the approval of the Israeli parliament last month, the Israeli government approved the export of medical cannabis from Israel. The Israeli government noted that this approval was granted due to the widespread global recognition of the medicinal benefits of the cannabis plant, due to the potential global market for medical cannabis that may have a significant commercial potential for Israeli farmers, manufacturers and exporters, and in light of Israel's substantial advantage in the field.

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