Cannabis 'can reap huge dividends'Israel and Thailand plan to promote their cannabis and hemp industries as economic forecasts point to potential huge dividends. "The Israeli cannabis market continues to grow and by 2024 is expected to reach around US$2.4 billion," she said. Deloitte Israel Tax and Incentives leader Nadal Gil said the global cannabis market would generate sales of US$132 billion by 2028. Thanks to technology and innovation, Israel was the ideal place for cannabis research, he said. The country had more than 116,000 cannabis patients, and all academic institutions had cannabis research underway, he said.
