IL: Health Ministry approves seven new MMJ growers to fight market shortages

Seven new Israeli companies have received medical cannabis growing licenses under the country’s new regulation, according to one person familiar with the matter who spoke to Calcalist on condition of anonymity. The new growers, expected to triple the supply currently available in Israel, are scheduled to start supplying pharmacies by the end of the year.

The new growers are Elpis Flora, Brlev Agricultural Crops, S. Sydan, Rami Sela, Natali Buskila, Shavit Agro, and Medical Cannabis Growing Limited Partnership, which is controlled by Tel Aviv-listed Together Pharma, according to the source. Elpis Flora recently experienced a fire that destroyed their harvest. Of the six remaining, one grower failed the ministry’s tests.

The reform, which will come into full effect on Sunday, has been received unfavorably across the entire Israeli medical cannabis chain, from growers to patients, due to hiked prices and market shortages as growers adapt to stricter standards. But according to Moshe Bar Siman Tov, the director general of the Israeli Ministry of Health, the main challenge of the reform — market shortages — will soon be a thing of the past.

“It was an artificial shortage because there was no shortage in the country, only in the pharmacies,” he told in a recent interview.


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

© 2020

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber