(This story is part of an occasional series on the international medical cannabis industry. The previous installment, on Germany, is available here.)
The growth in Israel’s medical cannabis industry has slowed over the past several months, but experts say regulatory changes are afoot that could reinvigorate patient numbers if the country’s tumultuous political situation stabilizes.
The number of authorized medical cannabis patients in Israel reached an all-time high recently – topping 123,000 – before dipping in February, according to data from the Israeli Medical Cannabis Agency (IMCA).
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In 2020, by contrast, the number of authorized medical cannabis patients more than doubled over two years.
Israel has one of the world’s largest medical marijuana markets.
And industry sources suggest the slight decrease in February continues a slowing trend, stemming partly, they said, from the recent arrest of a small number of psychiatrists suspected of issuing cannabis licenses
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