FIRST AIRED: January 24, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 3

×

Transcript

00:00:00
>> This medical cannabis grown in Israel could be heading to overseas customers. This weekend, the Israeli cabinet is set to approve a long-awaited law to allow exports of the plant, in a move likely to boost state revenues.>> This can open and create not only a good image for Israel, but provide many work opportunities, and very large sum of incoming tax for the government as well.
00:00:28
>> Parliament last month gave final approval to the law, but it still needs approval from cabinet ministers and Prime Minister Benjamin Netanyahu. Some lawmakers have tried to block the legislation, fearing more cultivation could push more drugs onto the streets at home. The government estimates exports could raise tax revenue by nearly $3 million.
00:00:51
Israeli companies are among the world's biggest producers of medical cannabis, and dozens of business owners have been lobbying the government for permission to export.