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Tag Archives: Israel

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Israeli Parliament Passes Bill Allowing Export Of Medical Marijuana

Israeli Parliament Passes Bill Allowing Export Of Medical Marijuana
The Israeli Parliament (the “Knesset”), passed the 16th amendment to Dangerous Drugs Ordinance on December 25, that concerns the governance and regulatory aspects of exporting medical cannabis from Israel. Subsequently, Israel is poised to be a top-earning, global hub in the marijuana market.
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Cannabis Goes Global While The U.S. Falls Behind

Cannabis Goes Global While The U.S. Falls Behind
As long as cannabis remains illegal at the federal level, American companies are unable to compete for, or have access to, the same opportunities as their foreign competitors. Among other things, it’s impossible for them to sign government contracts — here or overseas — or build facilities in other countries to cater to the growing local markets around the world.
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BlissCo signs LOI to Acquire Pre-Approved Medical Cannabis Production License in Israel

BlissCo signs LOI to Acquire Pre-Approved Medical Cannabis Production License in Israel
Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B), (“BlissCo”) or the (“Company”) is pleased to announce that it has signed a letter of intent (LOI) to purchase CannaTel Cannabis Corporation (“CannaTel”), which has secured pre-approval for a medical cannabis cultivation license in Israel in partnership with local farmer Mr. Yoel Dub. BlissCo will pay $3,000,000 CAN in BlissCo shares to CannaTel paid in installments tied to specific milestones being met. BlissCo will work in partnership with local farmer Mr. Yoel Dub, who has earned a pre-approval for a medical cannabis production license from Israel’s Ministry of Health.
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