JERUSALEM, Oct 7 (Reuters) - Two Israeli medical hashish corporations stated they've utilized to a
JERUSALEM, Oct 7 (Reuters) – Two Israeli medical hashish corporations stated they’ve utilized to a authorities pilot programme meant as a primary step to starting exports.
Though the federal government has accredited permitting medical hashish exports, they’ve but to start on account of objections by the Well being Ministry, which first needs corporations to offer ample provides at low costs to the native market.
The ministry has launched a three-month pilot aimed toward expediting export permits for corporations that subsidise the value of medical hashish for the Israeli market.
Collectively Pharma TGTR.TA stated it joined the programme and would supply a big low cost on most of the merchandise it sells in Israel, which is able to now be offered for 100-140 shekels ($29-$41) per 10 grams.
Collectively, which has an area farm whereas additionally importing medical hashish from a farm in Uganda, stated it might apply to the Well being Ministry for an export allow.
Individually, Univo UNVO.TA stated it had utilized for an export allow to Brazil after receiving an import allow from Brazilian authorities.
Univo stated it expects third quarter income to double to 14 million shekels to convey income to 24 million within the first 9 months of the yr.
($1 = 3.4061 shekels)
(Reporting by Steven Scheer; Modifying by Tova Cohen)
(([email protected]; +972 2 632 2210; Reuters Messaging: [email protected]; Twitter: @StevenMScheer))
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