Image by Nikki Casey

JERUSALEM (JTA) — Israel’s Cabinet approved the export of medical cannabis.

Some of the countries reportedly eager to trade with Israel include Australia, Germany, Austria and Mexico, according to Forbes.

The approval on Sunday comes a month after the Knesset passed legislation to pave the way for the legal export of medical cannabis. The Netherlands and Canada already export medical cannabis.

A committee made up of the Finance and Health ministries had recommended allowing the export following a  process promoted by the Ministry of Health. It which would treat medical cannabis as medical product like any other — including labels, instructions and dosages– that would be sold in pharmacies with prescriptions under the same strict standards as purchasing other medicines.

The process to write and approve the actual procedures will take up to a year to complete, according to reports.

Licenses for medical cannabis companies will be granted by the Health Ministry and will require police approval.

The committee determined that the state could make up to $1 billion per year in tax revenue from the exports.

There are eight cannabis growing companies operating in Israel and several others involved in production, marketing and distribution. Dozens of other farmers hold licenses to grow cannabis, but had delayed planting as the export legislation was being considered.

Why I became the Forward’s editor-in-chief

You are surely a friend of the Forward if you’re reading this. And so it’s with excitement and awe — of all that the Forward is, was, and will be — that I introduce myself to you as the Forward’s newest editor-in-chief.

And what a time to step into the leadership of this storied Jewish institution! For 129 years, the Forward has shaped and told the American Jewish story. I’m stepping in at an intense time for Jews the world over. We urgently need the Forward’s courageous, unflinching journalism — not only as a source of reliable information, but to provide inspiration, healing and hope.

That’s where you come in. Gifts of any size keep the Forward free and accessible to everyone and ensure we have the resources we need to power the Forward at this critical time for American Jews.

Don't just read the Forward - invest in it. Will you support our work today?

— Alyssa Katz, editor-in-chief

Support our mission to tell the Jewish story fully and fairly.

$120 $180 $360 OTHER AMOUNT