American cannabis seed export

First-ever export of Israeli medical cannabis seeds heads to US

Agriculture Ministry hails development as a major step toward country becoming a significant player in the global cannabis market

The first-ever export shipment of Israeli cannabis seeds has left for the US, the Agriculture Ministry said in a statement Wednesday, hailing the move as a major step toward becoming a global pioneer in the field.

Efforts to arrange the “experimental and initial” shipment, which departed on Tuesday night, have been ongoing for the past year.

The cargo contained seeds from the local BetterSeeds company, which has a research license from the Health Ministry.

They will be examined on arrival “to verify their suitability for the US market,” the ministry said.

“Israel has the ability to make its mark [on the industry] and be among the world’s leaders,” Agriculture Minister Oded Forer said in the statement.

“The export of cannabis seeds invites us to expand the diversity of Israeli agricultural exports and strengthens local agriculture,” Forer said. It also “exploits Israel’s relative advantage in an area that is still considered preliminary.”

If all goes well, “contacts will be held regarding the continuation of the export,” the ministry said. It “could lead to the opening of additional international markets for Israeli exports and significantly advance the medical cannabis industry in Israel.

“Increasing the range of exports and expanding it to cannabis products will enable the deepening of existing markets and penetration into new markets while riding on the growing wave of demand for cannabis products with medical-health value,” it added.

See also  Breakout seeds

Last August the government amended its medical cannabis export rules to allow for the export of cannabis seeds. The change came after intensive pressure from companies in the cannabis industry.

A woman works in a lab at a high-tech cannabis products start-up at a technological incubator center in the town of Yeruham in the southern Negev desert on February 1, 2022. (MENAHEM KAHANA / AFP)we

Touting Israel as a global expert in the research and development of the cannabis plant, the ministry noted that “contrary to popular belief, the cannabis industry in Israel has been active in the field of research for decades, but only in recent years has it gained momentum due to changes in Israeli policy.”

Israel’s medicinal cannabis market was valued at around $264 million in 2021, roughly $7 million less than the entirety of Europe’s, according to Prohibition Partners, an industry analysis firm.

However, Israel maintains tight restrictions on exports — particularly to major markets in Europe and North America. Israel exported a comparatively meager 663 kilograms (1,462 pounds) of cannabis last year, according to the Health Ministry.

Some lawmakers, such as New Hope MK Sharren Haskel, are working to pass legislation that will continue to loosen regulations they say would benefit both businesses and consumers.

Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? If so, please join The Times of Israel Community. For as little as $6/month, you will:

  • Support our independent journalism;
  • Enjoy an ad-free experience on the ToI site, apps and emails; and
  • Gain access to exclusive content shared only with the ToI Community, including weekly letters from founding editor David Horovitz.
See also  Jellie cake seeds

We’re really pleased that you’ve read X Times of Israel articles in the past month.

That’s why we started the Times of Israel ten years ago – to provide discerning readers like you with must-read coverage of Israel and the Jewish world.

So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.

For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.

Thank you,
David Horovitz, Founding Editor of The Times of Israel

Colombia To Export Cannabis Seeds (100K Of Them) To The US For The First Time Ever

On Thursday, a Colombian-Canadian company announced that it will be the first to export cannabis seeds from Colombia to the United States. The feat corresponds to Avicanna Inc AVCN AVCNF and arises from the need for countries producing legal cannabis to have hemp seeds in the middle of the winter cycle.

Through its subsidiary in Colombia, Santa Marta Golden Hemp, Avicanna will export a batch of 100,000 seeds to Denver, Colorado. Management says this will be the first of several export batches.

The seeds were produced in the township of Bonda, Magdalena, a small rural areas in the Colombian Caribbean region. The process promoted the development of the area, employing more than 60 local people over a six-month period.

See also  Growing dried cannabis seeds

“This milestone materializes years of work by the Avicanna team in developing the best genetics. We’ve worked in tandem with Colombian authorities to generate the appropriate standards to guarantee traceability,” said Lucas Nosiglia, president for Avicanna LatAm. “This will undoubtedly be a catalyst for the reactivation of the Colombian economy in the context of the COVID-19 pandemic, and paves the way for the leadership position that Colombia will have in coming years in this growing industry.”

The measure had the full support of the ICA and the Colombian Ministries of Agriculture and Justice.

Photo: cannabis seeds on the Santa Marta Golden Hemp site. By Javier Hasse.

More cannabis news in Spanish on El Planteo.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

BENZINGA CANNABIS CONFERENCE

The greatest investors and entrepreneurs in Cannabis are gathering in New York City this Fall! Don’t miss out.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.