Medical cannabis: a potential gold mine for Israel
Yuval Landschaft, head of the medical cannabis unit of the Israeli Health Ministry, shows marijuana plants growing under tightly controlled climate and light conditions, at a farm in central Israel.
His discovery was more than half a century ago, and today Israel has emerged as one of the world’s leading research centers for medical uses of cannabis, according to industry experts.legalization for recreational useNow the country sees legal production of medicine based on cannabis as its next big industry, hoping to tap into a global market that research organizations estimate at $17 billion a year and growing.
Modern understanding of pot’s medicinal properties began in large part with Mechoulam, who in 1964 was a young professor curious about the unknown chemical composition of cannabis. Experimenting on his newly acquired stash, Mechoulam was able to isolate and identify tetrahydrocannabinol, or, the main mind-altering component of cannabis, and cannabidiol, or CBD, which has therapeutic properties but does not get the user high. He was building on work by Roger Adams, an early 20th century American chemist who first identified certain chemical components of cannabis in the 1940s but whose efforts were slammed shut by J. Edgar Hoover’s FBI.
“We don’t use the word ‘marijuana,’ ” he said as he ushered two Times reporters through thick rows of lush pointy-leaved plants in climate- and light-controlled greenhouses in central Israel.
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