Israeli lawmakers approve bill to export medicinal cannabis
Israeli lawmakers approved a draft bill on Sunday to legalize export of cannabis for certain approved medical use, a spokesperson for Justice Minister Ayelet Shaked announced.
As the draft bill has been adopted by the ministerial committee, which meets outside the full cabinet of the government; the measure will now go ahead as a government bill. However, no date has thus far been set for its first reading.
A scheduled debate on decriminalizing the controversial drug’s use in favor of fines and treatment of certain diseases has been postponed until next Sunday.
The use of cannabis or marijuana for recreational purposes is currently illegal in Israel, a Jewish state, for the last ten years. However, the drug’s therapeutic use hasn’t only been permitted but also encouraged.
According to official stats, in 2015, doctors prescribed cannabis to as many as 25,000 patients suffering from diseases like cancer, epilepsy, post-traumatic stress and degenerative diseases.
In the U.S., more than two dozen states have legalized cannabis for medical use. Some states, including Alaska, California, Colorado, Maine, Massachusetts, Oregon and Nevada, have also approved the drug for recreational use.
Fashion major Michael Kors has agreed to acquire Jimmy Choo for $1.2 billion. New York-based Michael Kors will be able to diversify its portfolio by acquiring UK-based Jimmy Choo, a brand having strong sales in luxury segment.
Samsung is yet to officially unveil its next-generation flagship Galaxy Note 8 smartphone, but KGI Securities analyst Ming-Chi Kuo has already revealed some key details of the upcoming device’s dual camera setup.
Some employees of a tech firm in Wisconsin will soon be able to open doors, unlock office equipment, log into computers and even make in-house purchases with just a swipe of the hand.
The International Monetary Fund (IMF) has predicted US and UK economies will experience weaker-than-expected activity and expand more slowly this year than previously predicted.
The European Commission has confirmed that EU antitrust regulators are probing allegations of a cartel among a group of German carmakers, in an action that could result in bulky penalties for the companies.
Tesla Motors’ long-awaited Model 3 will be a “major test” for the Palo Alto-based electric car giant, according to industry analysts.