Global Ganja Report

Israel is an emerging player in the international cannabis market, and the industry is embraced by pillars of the country’s political establishment. But every aspect of Israeli society as been impacted by the horrific events of last October 7, and the ensuing war. The cannabis sector has been no exception.

The cannabis industry is globalizing fast, which means changes for mainstays of commercial production in Europe and North America, and new players coming on line from regions such as the Middle East, Southeast Asia and Central America. Here’s a brief overview of a few entries from these categories.

It's pretty surreal that even as a legal cannabis industry emerges on a global scale, there are still countries that impose outrageously draconian sentences for the herb—up to and including the death penalty.

The egregious case of a man sentenced to death for smuggling two pounds of cannabis into the Southeast Asian city-state of Singapore has focused global attention on the disturbing reality.

Lebanon, long the Middle East's heartland of hashish, has legalized cannabis cultivation for the medical market—but before the law has even taken effect, rumblings of cynicism are heard from the country's traditional growers. The outlaw growers in the Bekaa Valley, with its centuries-long tradition of hash production, will likely remain illicit and face continued militarized enforcement—while corporate producers with state-of-the-art greenhouses on the urbanized coast dominate the industry. And the hashish market has been hard hit by the country's deep economic crisis, leaving the Bekaa cannabis farmers struggling.

Israel is a world leader in medical marijuana and has adopted an experimental decriminalization policy. But activists are pushing to make it the world's third country to outright legalize—and are using some very audacious tactics.

The global prohibition of cannabis affords the opportunity for imperial powers and authoritarian regimes to exploit those caught in the web of enforcement to advance their own political agendas. The recent case of Naama Issachar was deftly leveraged by Vladimir Putin, and could encourage other depots to similarly use pot prisoners to exact concessions from foreign governments.

Two Israeli ex-prime ministers are now involved in the cannabis industry, and legalization became a key issue in this month's elections. But in a case of strange bedfellows, legalization was aggressively taken up as a campaign plank by the far right.

Israel's internal market for medical cannabis products is limited by the country's relatively small population, but with exports now approved by the cabinet, a multi-billion-dollar industry is foreseen. Since the announcement, share prices of cannabis companies on the Tel Aviv Stock Exchange have soared.