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Seedo Corp.: Israeli Parliament Passes Bill Concerning Jurisdiction and Authority Over Exporting of Medical Cannabis
Seedo Corp.: Israeli Parliament Passes Bill Concerning Jurisdiction and Authority Over Exporting of Medical Cannabis.
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[{"type":"text","content":"\n\n\n\nSeedo Corp.: Israeli Parliament Passes Bill Concerning Jurisdiction and Authority Over Exporting of Medical Cannabis\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSeedo Corp.: Israeli Parliament Passes Bill Concerning Jurisdiction and Authority Over Exporting of Medical Cannabis\nNew legislation paves the way for the approval of export of Israeli medical cannabis in 2019\nPR Newswire\nTEL AVIV, Israel, Dec. 26, 2018\n\n\n\nTEL AVIV, Israel, Dec. 26, 2018 /PRNewswire/ -- Seedo Corp. (OTC: SEDO), a leader in the manufacturing of automated commercial growing devices for medical grade cannabis, announced today that the Israeli Parliament (the \"Knesset\"), on December 25th, passed a bill that concerns the governance and regulatory aspects of exporting medical cannabis from Israel.\n\n \n \n\n \nThe bill, which passed the Knesset's internal affairs committee and two additional votes in the Knesset's grand hall, authorizes the Israeli Police to conduct supervision and grant approvals for cultivating, growing and exporting of Cannabis and Cannabis related products, thus clearing a legal obstacle necessary for the final approval of export of medical cannabis from the country, which is expected during 2019.  \n\"Israel is a medical cannabis power,\" said Minister of Agriculture Uri Ariel, \"The Israeli research conditions for growth in the field precede most of the countries in the world by 5-7 years because of progressive regulation.\" \n\"Furthermore, the products in Israel are manufactured according to strict production standards, on a medical level, like in the pharmaceutical industry - including strict security rules for the entire value chain, developed following inter-ministerial work which took place over a prolonged period of time.\"\nSeedo is well positioned to take advantage and leverage the opportunity to export medical grade cannabis, cultivated and grown by Seedo's commercial auto-growing facility, which Seedo manufactures for the industrial sector. \nThe Automated growing facility is remotely controlled by algorithms that take into consideration mult...