Business

Israel’s first cannabis ecosystem to be built in Yeruham

Yeruham, a town in the Southern District of Israel, will be the location of the country’s first cannabis ecosystem, thanks to a project proposed by the mayor, Tal Ohana. It is expected that this ecosystem will be integrated in the city itself, including growing and production facilities, an academy and a technology incubator focused on supporting a variety of cannabis projects.

Two hours’ drive from Tel Aviv, Yeruham Mayor Tal Ohana, hopes to fulfill her vision of establishing “Israel’s first cannabis ecosystem” and thus turning the southern city into what she calls “Israel’s cannabis capital.”

The project, called “Greenegev”, will include growing and production facilities, an academy, the “parent” (technology incubator) for investment in projects, a conference center, a visitor center and more – all will be integrated in the city itself, between the residential neighborhoods and Lake Yeruham Park.

If you want to know more about cannabis, how Israel is planning to build its first cannabis ecosystem, and to find out the latest cannabis news, download the Hemp.im mobile application.

A cannabis ecosystem in the making

The statements that were heard from Ohana’s direction immediately after her victory in the local elections and her election as mayor about a year and a half ago initially met with indifference in the industry. 

For her part, she revealed that from day one she knew that the vision of a cannabinoid ecosystem would indeed become a reality, in part because she received support from the director of the Medical Cannabis Unit (YKR) Yuval Landschaft, who joined the initiative.

Indeed, the conference’s official annual Cannabis Ministry of Health and Hik”r, “Knaan” (Cannaan), Landschaft decided to conduct its second round of April 2021 onwards, as part of the ecosystem in the south. 

Hakar will be a partner, together with Sapir College, in the Cannabis Studies Academy, which will be called “Cann-Academy” and will be established under the management of Boaz Albo, a graduate of agricultural studies who was previously an assistant to Landschaft Bikar and was also a partner in writing the method: “The Green Book”.

Cann-Academy is designed to offer courses and professional training in the fields of quality, security, supply chain and logistics, research and development, and international trade, as well as in agriculture, nature, science, technology, medicine, and more. 

“The courses will be adapted to the medical cannabis industry in the spirit of the medicalization reform and the blessing of the medical cannabis unit,” said Albo, “We will combine all the above-mentioned content together into a world of unique and innovative knowledge.”

Cannegev will support a variety of cannabis projects

Along with the conference center and the academy, the technological incubator has long been established, for investment in startups and ventures in the field. The incubator is called “Cannegev” and it guarantees support of up to $370.000 (NIS 1.25 million) in selected projects, along with guidance and instruction. 

Recently, the Cannegev Incubator published a call for proposals for entrepreneurs who have an innovative idea related to medical cannabis in the fields of biotech, pharma, agtech, cleantech and podtech, in order to present the project.

The Cannegev Incubator is owned by 3 partners: the veteran medical cannabis company BOL Pharma, the fifth largest pharmaceutical and health products company in the world, Perrigo, and the fundraising platform OurCrowd.

The incubator is headed by CEO Israel Birnbaum, who has extensive experience in managing startups and in the fields of biotech, agtech, and medical cannabis. To be accepted, one must present innovation, and proof of feasibility among others.

Medical cannabis will boost Yeruham’s economy

“I see this new market called medical cannabis as an opportunity for a new economy in Yeruham and in Israel in general,” said Mayor Ohana. “I think that like everything else the startup Nation is leading, technology is the essence here, so our first investment was the technology incubator that opened its doors a month ago and is now recruiting dozens of startups for development processes in the medical cannabis world.”

Asked about the future she replied that “My vision is that in Yeruham there will be a whole ecosystem of industry, technology, agriculture, science, and academia in the field of medical cannabis, and slowly we are creating more anchors in reality that will fulfill this vision. We are only at the beginning of the road and invite more and more innovative and Zionist entrepreneurs to join us.”

Hundreds of dunams will soon be marketed in the city for the benefit of growing cannabis and Ohana invites those interested to come and grow.

Part of the “Gringev” complex is intended to establish a factory park that will cover 32 dunams in the first phase, where, according to Ohana, 3 factories will be established in less than a year from now. The first of them will begin construction in the coming months and will cover a built-up area of ​​about 6,000 square meters. 

The plant’s developer, MTB Measurements and Photogrammetry (2001) Ltd., owned by Avi Goldreich, has extensive practical experience in Spain in growing medical cannabis and in the overall production and sale to the Canadian Ministry of Health, she said.

__

(Featured image by CoWomen via Pexels)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Hemp.im, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in קנאביס, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Hemp.im assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Hemp.im is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

Eva Wesley

Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.

Recent Posts

Ontario Increases Efforts to Combat Illegal Cannabis Market

Ontario is investing $31 million over the next three years to enhance efforts against illegal…

5 days ago

Hanover and Frankfurt Will Be the First German Cities to Legally Sell Cannabis for Adult Use

Frankfurt and Hanover are launching five-year pilot projects for legal, regulated cannabis sales to adults,…

6 days ago

CBD Decree Suspended By Italian Administrative Court for Third Time

Italy's Regional Administrative Court suspended the Health Ministry's decree labeling CBD as a narcotic, pending…

1 week ago

Which U.S. States Will Vote on Cannabis Legalization in November 2024?

This November, five U.S. states will vote on measures related to legalizing recreational or medical…

2 weeks ago

Italy to Be Investigated By EU Commission Over Proposed CBD and Hemp Ban

The European Commission has launched an investigation into Italy after its recent proposal to ban…

2 weeks ago

Prolonged Cannabis Use May Leave a Unique DNA Signatures

A new study has found that prolonged use of high-THC cannabis leaves a unique mark…

2 weeks ago