When it comes to cannabis two countries are leading the way today being Israel and Canada. Israel is decades ahead of anywhere else when it comes to medicinal cannabis research. The study of phytocannabinoids and the endocannabinoid system have been taking place there for decades.
According to Saul Kaye, the founder of iCan, Israel currently has "106 clinical trials running right now in cannabis and nowhere else in the world has been able to do that.”
There are also some amazing and innovative products coming out of Israel as well. For example, Canna RxTechnology created what is known as VCT or Vapor Capture Technology. Dr. William Z. Levine whom is the founder ofCann RXexplained this technology recently in an interview with The Media Line according to YNetNews.
“Basically, (the machine) vaporizes cannabis. A gas plume comes out from the material similar to what you would inhale into your lungs. We then capture that gas plume, solubilize it down through a series of solubilization chambers and transform it into a very clean, efficient, very controlled liquid. It can be water soluble or oil-based, (depending on how) we choose to deliver it to the system.”
Canada has long since been renowned for its impeccable quality of cannabis. Previously a lot of the Cannabis that was so popular in Canada was part of a black or grey market. As of October 17th, of 2018, Canada joined other countries around the world in legalizing adult use of cannabis.
Now Israel and Canada can participate in the global cannabis trade which is expected to soar into the multibillion-dollar bracket in no time at all. Officials are already speculating that Israel could lose billions of dollars over partnerships and exporting cannabis with Canada.
Many of the Israel-based Cannabis businesses are looking to help implement GMP protocol within the cannabis space. After all, if cannabis is medicine, then it should be treated like one.
It will be quite interesting to see how these two power countries will work together in a global trade environment as more countries legalize cannabis around the world.Posted: Thursday, November 8th, 1:00pm 7 days ago
Ashley is a freelance cannabis writer and the co-owner of CannaLance. Her passion for sharing education and truth surrounding cannabis stems from a personal loss. Ashley has always had an elevated relationship with cannabis but it wasn't until 2015 that she turned that passion and relationship into a career as a cannabis writer.