The China Mail - Israeli desert town aims to be medical 'cannabis capital'

USD -
AED 3.672498
AFN 65.498106
ALL 81.051571
AMD 375.859332
ANG 1.79008
AOA 916.497158
ARS 1416.446495
AUD 1.413497
AWG 1.8
AZN 1.695264
BAM 1.642701
BBD 2.007895
BDT 121.837729
BGN 1.67937
BHD 0.376981
BIF 2949.857215
BMD 1
BND 1.265076
BOB 6.903242
BRL 5.194898
BSD 0.996892
BTN 90.375901
BWP 13.137914
BYN 2.873173
BYR 19600
BZD 2.004955
CAD 1.356445
CDF 2215.000232
CHF 0.766405
CLF 0.021628
CLP 853.970006
CNY 6.9225
CNH 6.91111
COP 3673.08
CRC 494.204603
CUC 1
CUP 26.5
CVE 92.612579
CZK 20.361605
DJF 177.523938
DKK 6.275825
DOP 62.758273
DZD 129.497006
EGP 46.881699
ERN 15
ETB 155.496052
EUR 0.83996
FJD 2.192099
FKP 0.731721
GBP 0.73155
GEL 2.690096
GGP 0.731721
GHS 10.970939
GIP 0.731721
GMD 73.501083
GNF 8751.926558
GTQ 7.647373
GYD 208.567109
HKD 7.81758
HNL 26.333781
HRK 6.329797
HTG 130.732404
HUF 317.258982
IDR 16798
ILS 3.084801
IMP 0.731721
INR 90.52085
IQD 1305.980178
IRR 42125.000158
ISK 121.802706
JEP 0.731721
JMD 155.929783
JOD 0.708991
JPY 155.210977
KES 128.896279
KGS 87.450406
KHR 4020.661851
KMF 413.999932
KPW 900.003053
KRW 1462.055014
KWD 0.30709
KYD 0.830758
KZT 492.323198
LAK 21424.491853
LBP 89570.078396
LKR 308.550311
LRD 185.426737
LSL 15.97833
LTL 2.952739
LVL 0.60489
LYD 6.302705
MAD 9.117504
MDL 16.932639
MGA 4376.784814
MKD 51.774104
MMK 2100.147418
MNT 3570.525201
MOP 8.025869
MRU 39.586763
MUR 45.679579
MVR 15.459738
MWK 1728.624223
MXN 17.194145
MYR 3.923498
MZN 63.76003
NAD 15.97833
NGN 1354.939889
NIO 36.687385
NOK 9.517145
NPR 144.601881
NZD 1.654635
OMR 0.384497
PAB 0.996892
PEN 3.348144
PGK 4.337309
PHP 58.522499
PKR 278.761885
PLN 3.53947
PYG 6573.156392
QAR 3.634035
RON 4.276802
RSD 98.549011
RUB 77.251007
RWF 1455.48463
SAR 3.75074
SBD 8.054878
SCR 13.836531
SDG 601.500203
SEK 8.92498
SGD 1.26597
SHP 0.750259
SLE 24.524979
SLL 20969.499267
SOS 568.704855
SRD 37.971496
STD 20697.981008
STN 20.57786
SVC 8.723333
SYP 11059.574895
SZL 15.970939
THB 31.168005
TJS 9.336094
TMT 3.5
TND 2.879712
TOP 2.40776
TRY 43.633798
TTD 6.753738
TWD 31.523799
TZS 2586.096953
UAH 42.973963
UGX 3548.630942
UYU 38.224264
UZS 12265.141398
VES 384.79041
VND 25885
VUV 119.800563
WST 2.713692
XAF 550.946582
XAG 0.012177
XAU 0.000198
XCD 2.70255
XCG 1.796657
XDR 0.685201
XOF 550.946582
XPF 100.167141
YER 238.349504
ZAR 15.926345
ZMK 9001.203383
ZMW 18.8468
ZWL 321.999592
  • RIO

    -0.7100

    96.14

    -0.74%

  • CMSC

    0.0150

    23.6

    +0.06%

  • CMSD

    0.0000

    23.97

    0%

  • RYCEF

    0.5300

    17.41

    +3.04%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BTI

    -1.3550

    59.795

    -2.27%

  • BCC

    1.8800

    90.9

    +2.07%

  • JRI

    0.0210

    12.831

    +0.16%

  • RELX

    -0.1100

    29.37

    -0.37%

  • AZN

    3.5100

    191.52

    +1.83%

  • GSK

    -0.6200

    58.39

    -1.06%

  • VOD

    -0.0900

    15.39

    -0.58%

  • BCE

    0.1250

    25.745

    +0.49%

  • NGG

    -0.3400

    88.05

    -0.39%

  • SCS

    0.0200

    16.14

    +0.12%

  • BP

    -2.4600

    36.76

    -6.69%

Israeli desert town aims to be medical 'cannabis capital'
Israeli desert town aims to be medical 'cannabis capital'

Israeli desert town aims to be medical 'cannabis capital'

In Israel's Negev desert, far from the skyscrapers of Tel Aviv, the town of Yeruham hopes to cultivate an international reputation as the country's medical cannabis technology powerhouse.

Text size:

Dozens of start-ups are already working on medical cannabis in Israel, where new legislation is expected to lead to further market growth in the fast-expanding sector.

Some believe that cannabis could help Yeruham tackle unemployment among its 12,000 residents, with initial efforts being led by a firm called CanNegev.

The company is known as an incubator, helping foster the growth of infant firms. CanNegev shelters four start-ups and is Israel's first medical cannabis technology incubator.

"We have decided to make medical cannabis the heart of our activity, here in Yeruham, one of the most peripheral towns in Israel -- a forgotten city," said CanNegev founder Zvi Bet Or.

He discovered a receptive audience in Tal Ohana, elected in 2018 to be Yeruham's first female mayor.

"My dream is to make Yeruham the capital of medical cannabis in Israel," Ohana told AFP.

"It's not every day that a new market is born" in the country, added Ohana, 37. "I told myself I have to do everything to be at the avant-garde of science and technology in this field."

CanNegev's modern building, facing the desert sands, stands out almost like a mirage, a symbol of the hoped-for future in the town whose stuccoed blocks of social housing were built in the 1950s for newly arrived immigrants.

But Yeruham is part of an economic priority zone that offers concessions to firms willing to set up there.

Ohana said the cannabis tech sector could transform the image of her town and help bring down its persistently higher-than-average unemployment, which is around eight percent.

"My goal is to create quality jobs" and to offer high incomes to attract a new population of workers, she said.

- World's leading importer -

Recreational use of cannabis is illegal though tolerated in Israel. However, authorities have encouraged its therapeutic use for the past decade to treat severe medical conditions and post-traumatic stress in former soldiers.

In October, Israel's parliament advanced a bill aimed at making medical cannabis more available.

It would expand a market that has already drawn scores of entrepreneurs including two former prime ministers: Ehud Olmert is business adviser to UNIVO Pharmaceuticals, and Ehud Barak chairs the board of InterCure.

About 100 start-ups are working on cannabis, said Dana Gourevich, Chief Technology Officer at the Israel Innovation Authority, adding that a quarter of those companies were founded in a single year, 2019.

"The medical cannabis ecosystem has received $60 million in investments in recent years," said Gourevich.

She said a key factor in developing Israel's homegrown cannabis industry was imports from overseas, especially Canada, where recreational use is legal.

According to health ministry data, Israel imported 22 tonnes of medical cannabis in 2021 compared to just over 14 tonnes a year before, making it the world's largest importer, the Israeli Cannabis Magazine noted.

By contrast, exporting cannabis is legal in theory but faces significant hurdles complying with international standards, Gourevich said.

- CBD for all -

The health ministry recently indicated it was examining the possibility of removing cannabidiol (CBD) from the list of dangerous drugs. The measure could open a new arena for companies to market CBD products at scale.

In southern Israel, near the city of Ashdod, BOL Pharma grows 400,000 cannabis plants annually on 3.5 hectares (8.6 acres), exclusively for therapeutic use.

"About 110,000 patients have (medical cannabis) licences today in Israel, but when CBD becomes available to everyone, millions of people, families, will be able to use it in cosmetics and everyday products," said Dvir Taler, 50, director of agriculture at BOL Pharma.

The company, currently the largest in the field of medical cannabis in Israel, partnered with the CanNegev incubator and supplies it with cannabis flowers for scientific experiments.

Taler said the incubator is developing a robot capable of autonomously harvesting flowers.

In its drive to become Israel's hub for green gold, the municipality of Yeruham has also allocated 50 hectares for the cultivation of medical cannabis, arguing that the desert climate is ideal for the crop's cultivation.

The user of that plot has not yet been determined.

Agreements have also been reached for two factories manufacturing non-medical cannabis products -- "self-care" goods such as oils used for cosmetics -- to be set up in Yeruham in the coming years, Ohana, the mayor said.

Resident Avraham Elbaz, 67, a retiree, said that "of course" he was in favour of these factories, which would help create jobs -- though he had not tried cannabis before.

"I have never smoked," he said.

K.Leung--ThChM