Why it matters: The article highlights the significant increase in medical cannabis patients in Israel, with over 2,000 new patients in just one month, bringing the total to 132,000. This surge in patients is attributed to the recent events, particularly the Israel-Hamas war.
What they are saying: BYND Cannasoft Enterprises Inc., an Israel-based software and cannabis company, provided insights into the status of Israel’s medical cannabis industry. They reported the increase in patients and dosages, with many patients seeking medical cannabis to treat post-trauma conditions. They also mentioned the three-month extension granted to patients whose licenses have expired or are expiring soon.
The big picture: The Israel Ministry of Health opened up access to medical cannabis in August, with over 100,000 Israeli citizens holding medical cannabis patient licenses at the time. The recent surge in patients and dosages is a response to the increase in post-trauma conditions due to the Israel-Hamas war. Companies like BYND Cannasoft and Intercure-Kandok have been providing medical cannabis to patients in affected areas.
What to watch: It is important to monitor the continued increase in medical cannabis patients in Israel as the situation in the country evolves. Additionally, the three-month extension for expired or expiring licenses will allow patients to continue accessing their medication.
My take: The increase in medical cannabis patients in Israel reflects the growing acceptance and recognition of cannabis as a legitimate therapeutic option. It is unfortunate that the recent events have contributed to the rise in post-trauma conditions, but it is promising to see companies like BYND Cannasoft and Intercure-Kandok stepping up to support patients in affected areas. The extension for expired licenses shows that the government is prioritizing patients’ access to medical cannabis.
