‘Medical cannabis could be worth more to Israel than natural gas’
Licensing and taxing locally grown marijuana could be a boon for the government coffers
The Jurasalem Post (Israel)
Sunday, August 16, 2015
Sunday, August 16, 2015
If Israel grew pot instead of peppers, said Dr. Tamir Gadot, CEO of pro-medical cannabis agricultural association Breath of Life, the economy would be the biggest beneficiary, arguing that the government should recognize that medical cannabis is “a legitimate pharmaceutical industry.” Taking the estimate of the US market and estimates of Europe’s potential market ranging from €10b.-€60b. a year, Israel would need just a fraction of the growing market for the value of medical cannabis to eventually outweigh that of natural gas. (Can economy gain from legalizing pot?
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