More and more cannabis companies recognize the huge potential of the Israeli market. It is said to be one of the fastest-growing medical cannabis markets in the world, already having more than 60,000 registered patients. It is also known that some of the first successful researches on cannabis have been conducted in this country.
Furthermore, not that long ago Israel has outpaced Germany in cannabis net imports, in that manner becoming one of the largest net importers on a global level.
Aleafia Signs LOI With Equinox
Aleafia Health Inc. (TSX: AH) (OTCQX: ALEAF) is prepping to start cannabis exports to the Israeli medical cannabis market.
The Canadian cannabis company entered a binding letter of intent with Equinox International Ltd., under which Equinox agreed to buy around 1,400 kilograms of dried flower in 2021.
Equinox is a British medical cannabis company that operates in Israel.
Aleafia plans for the first shipment to be realized during the first quarter of 2021, which will …