Israel: Economic Assessment Says Legalizing Cannabis Will Boost Revenue
JERUSALEM, ISRAEL — Legalizing the retail production and sale of cannabis in Israel would generate an estimated 1.6 sheckels (approximately $450 million) annually, according to an economic assessment published this month by the Jerusalem Institute for Market Studies (JIMS). The authors estimate the existing Israeli marijuana market to total some 2.5 billion sheckels ($704 million). They estimate that taxes […]
Read Israel: Economic Assessment Says Legalizing Cannabis Will Boost Revenue in its entirety on The Daily Chronic.
Want to stay up to date on marijuana reform & cannabis news worldwide? Visit The Daily Chronic – The Voice of the Reform Generation, the most comprehensive coverage of the cannabis community!
SOURCE: Israel: Economic Assessment Says Legalizing Cannabis Will Boost Revenue by Allen St. Pierre
Enjoyed this article?
Subscribe to our RSS feed
