“Within five years Yeruham will become the capital of Israel’s medical cannabis”

The Yeruham Councilwoman spoke at the “Greenegev” conference with regulatory entrepreneurs and senior executives in the cannabis industry. The advantages we offer entrepreneurs in the field are of a package of economic benefits that give you breath length to profitability.

Hundreds of entrepreneurs, regulators and senior executives in the Israeli medical cannabis industry attended the Greenegev conference held in Yeruham. They came to observe the vision of Yeruham’s ecosystem. “In five years, Yeruham is at least becoming the capital of Israel’s medical cannabis, with 500 new quality jobs and research and production, and hopefully even export on a global scale,” said Tal Ohana, mayor and head of the Yeruham Council.

“35 years that I grow and grow in the desert, until I realized that I must stop talking about the need for economic fields to blossom – I have to create them … Yeruham’s biggest opportunity is taking place, we must stop dependence on traditional industry and stop being woodcutters and water-drinkers,” she said.  Head of the Council.

The conference was also attended by former Prime Minister and Defense Minister Ehud Barak, chairman of CANNADOC company, who joined the vision of Yeruham’s ecosystem, immediately after his declaration: “I came here because this issue is really important, we have a window of opportunity of several years and the potential of a huge market which is currently estimated at $ 17-18 billion a year and is going to grow dramatically, “said Barak,” This is a window of opportunity of several years, which can then be closed to those who will not be able to enter in time. ” In the western Negev, this is the largest growing area in Israel and one of the largest in the world.

According to Barak, Yeruham has all the advantages that exist in Israel for the field: “There is a Pharma DNA here, a special climate (in terms of height, dryness and access to land), Israeli knowledge in advanced agriculture, support from government ministries and, most importantly, quality and dedicated manpower. All of these allow investors the quick reaction time needed to become a significant global player in the field, and I see here at the conference the heads of the large companies, and here we have a real opportunity to jump-start the development of the Israeli medical cannabis industry. Patients in Israel and around the world will receive the best and most effective products. “

The city has managed to recruit a large number of government ministries and private entrepreneurs, and declare that the goal is to become a global center of research, start-ups and growth of the plant for medicine and cosmetics within a few years, while looking at the export of knowledge and products to the markets of Europe and the world.

“The advantages we offer to entrepreneurs in the field are not only of Zionism, but also of a package of economic benefits that give us breathing time to profitability, and these advantages exceed all the other possibilities that we face, and we are opening doors to all the relevant ministries, Head of the Yeruham Local Council, who initiated the idea and in recent months devotes a significant portion of her time to it.

“We have thousands of acres of land that can be allocated immediately for the establishment of medical cannabis incubators and adjacent to them, tens of thousands of meters of industrial space for immediate purchase or rental for production, research and development. Quality control and product marketing “.

According to the head of the council and its partners, including the medical cannabis authority in the Health Ministry, the Ministry of Agriculture, the Ministry of Economics, the Authority for Innovation, the Investment Authority and the Volcanic Institute, the existence of all the development and production processes in one place is an economic advantage.

“If we add to this the tax benefits that Yeruham has, because it is in a national priority area, subsidized land prices, industry and housing, and our human capital, a very attractive package was created for entrepreneurs and investors,” Ohana concluded.

At the conference, government ministries and the local council presented all the benefits to entrepreneurs, including land with a subsidy of 90%, return of 30% capital investment, corporate tax of 7.5% for approved enterprise, grants for employing new employees, and more.

Agriculture Minister Uri Ariel, who came to speak at the conference, said he expects the Yeruham vision to be an Israeli beer in the field soon to become a global capital. “I am standing here and saying that medical cannabis is not a bubble – it’s a real thing – we are following the private investments in the field and are growing in significant leaps, because this is a global market, the potential is great and once the Israeli economy has a permit to manufacture the produce, in the field.

As someone who worked to advance the law and declare Cannabis as an agricultural crop, I see great importance in exporting medical cannabis because it will ease the suffering of the sick, provide a livelihood for the farmers, and bring prosperity to the Israeli economy.

Yuval Landesft, director of the medical cannabis unit at the Health Ministry, also declared his commitment to the unique move: “They have not done anything like this in the world yet, but we believe that with the quality of our manpower, we will succeed in raising this. We are talking about producing cannabis at the pharmaceutical level, at qualities that do not exist today. We, the YIC, are committed to doing everything we can to try and be the pillar before the camp as far as regulation is concerned, so that both Torah and production will come out of Israel. “

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Barak: A window of opportunity of several years

For the conference came also former Prime Minister and Defense Minister Ehud Barak, chairman of InterCure+ 4.69% , Which was harnessed to integrate into the vision of Yeruham’s ecosystem, immediately after his declaration. Barak arrived a moment after founding a party and he actually holds two hats at the same time – a politician alongside a businessman and chairman of Intecure (to expand – Barak is earning NIS 36 million in intecure, he does not intend to leave the position of chairman )”I came here because this issue is really important, we have a window of opportunity here for a few years, and the potential of a huge market, which is now estimated at $ 17-18 billion a year and is going to grow dramatically,” Barak said.

“This is a window of opportunity of several years, which can then be closed to those who will not be able to enter in time,” he said, adding that Kendok is currently building the largest growing area in Israel and one of the largest in the Negev.According to Barak, Yeruham has all the advantages that exist in Israel for the field: “There is a Parma DNA here, a special climate (in terms of height, dryness and access to land), Israeli knowledge in advanced agriculture, support from government ministries and, most importantly, quality and dedicated manpower.

All of these allow investors the quick reaction time needed to become a significant global player in the field, and I see here at the conference the heads of the large companies, and here we have a real opportunity to jump-start the development of the Israeli medical cannabis industry. Patients in Israel and around the world will receive the best and most effective products. “

Agriculture


Minister Uri Ariel, who came to speak at the conference, said he expects the Yeruham vision to become an Israeli capital in the field will soon become a global capital. “I am standing here and saying that medical cannabis is not a bubble – it’s a real thing – we are monitoring private investments in the field and are growing in significant leaps, because this is a global market, the potential is great and once the Israeli economy has a permit to manufacture the produce, “I am of great importance in the export of medical cannabis because it will ease the suffering of the sick, provide a livelihood for the farmers, and will bring prosperity to the Israeli economy as a precious world capital, and I hereby declare that the Ministry of Agriculture is with Yeruham,” said Minister Ariel.

Economic benefits for Cannabis entrepreneurs in Yeruham


The city has managed to recruit a large number of government ministries and private entrepreneurs, and declare that the goal is to become a global center of research, stratapim and growth of the plant for medicine and cosmetics within a few years, while looking at the export of knowledge and products to the markets of Europe and the world.At the conference, government ministries and the local council presented all the benefits to entrepreneurs, including land with a subsidy of 90%, return of 30% capital investment, corporate tax of 7.5% for approved enterprise, grants for employing new employees, and more.”The advantages we offer to entrepreneurs in the field are not only of Zionism, but also of a package of economic benefits that give us breathing time to profitability, and these advantages exceed all the other possibilities that we face, and we are opening doors to all the relevant ministries, ,

Head of the Yerucham Local Council, who initiated the idea and in recent months devotes a significant portion of her time to it.”We have thousands of acres of land that can be allocated immediately for the establishment of greenhouses for growing medical cannabis and adjacent to them, tens of thousands of meters of industrial space for immediate purchase or rental for production, research and development. Quality control and product marketing “.According to the head of the Council and its partners, including the Medical Cannabis Authority in the Ministry of Health, the Ministry of Agriculture, the Ministry of Economics, the Authority for Innovation, the Investment Authority and the Volcanic Institute, the existence of all the development and production processes in one place is an economic advantage.”If we add to this the tax benefits that Yeruham has, because it is in a national priority area, subsidized land prices, industry and housing, and our human capital, a very attractive package was created for entrepreneurs and investors,” Ohana concluded.