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Medical cannabis attracts political eminence in Israel

March 25, 2021 - 23:40
in World
Medical cannabis attracts political eminence in Israel
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Former minister and politician Tzipi Livni, who has held various positions in various Israeli governments, including those of sovereignty, Foreign Affairs and Justice, and who left politics in 2019, will join a company specializing in the cultivation and distribution of marijuana.

Indeed, Tzipi Livni joined Cantek as an external strategic advisor. The company, which specializes in the cultivation and distribution of cannabis, is completing its process of obtaining the licenses necessary for the cultivation, marketing and distribution of marijuana for medical purposes, Israel’s Channel 12 reported.

” The vision of the company widens and its links with Tzipi Livni will lead it to undertake a strategy of making Cantek an international company. Said CEO Netsah Israel. Israel is known to be a pioneer in cannabis research. Hebrew University Professor Raphael Mechoulam led the way in 1964 when he discovered tetrahydrocannabinol, or THC, the main psychoactive constituent of cannabis. But Livni is not the first – and probably not the last – former senior Israeli official to profit from the boom in the industry, The Times of Israel tells us.

Long before her, others embarked on this activity of which Israel is an international leader. This is particularly the case of former Prime Minister Ehud Olmert, who after tasting the straw of prison for 16 months for corruption, joined the medical cannabis company Univo Pharmaceuticals Ltd. as an investor and advisor. Another former prime minister, Ehud Barak, was propelled president of InterCure, one of Israel’s largest medical cannabis companies. He is successfully leading his global growth strategy.

And that’s not all. Yohanan Danino, former head of the Israel Police Force, has been appointed to head Together Pharma, a public company listed on the Tel Aviv Stock Exchange (TASE). The company has a subsidiary Globus Pharma Ltd., which owns the franchise (both directly and through subsidiaries), to cultivate, produce and distribute medical cannabis products. To see these conversions in the cultivation and management of the cannabis thing, it is necessary to believe that this activity is particularly flourishing in Israel as it attracts political eminencies and other senior government officials.

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