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Benzinga
Benzinga
Business
Maureen Meehan

Israel Moves To Normalize CBD, Two-Year Path To Market Expected

Israel

Israel recently took steps toward normalizing CBD and related cannabinoids, declaring the hemp compound is not a drug, though observers say the path to market for such products is likely to be a long one.

The Health Ministry announced this week that it was striking the popular compound from Israel’s Dangerous Drug Ordinance after a government-appointed committee returned recommendations following a months-long study, reported HempToday. The policy legalizes the entire “CBD family” of compounds if THC content is no more than 0.3%.

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