Israel Eyeing Cannabis Legalization by End of 2021
Marijuana Stocks, Finance, & InvestingUncategorized November 16, 2020 MJ Shareholders
A legal memo on cannabis legalization from an Israeli inter-ministerial committee is set to be drafted into a bill that could come to the Knesset floor for a vote before the year’s end. The measure is expected to be approved by lawmakers in about nine months, the Jerusalem Post reports.
According to the memo, legalization would likely occur in the fourth quarter of 2021.
The memo – which has been under consideration by the committee for four months – will be re-written into legislation under the supervision of Blue and White MK Michal Cotler-Wunsh, chairwoman of the Knesset’s Special Committee on Drug and Alcohol Use.
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