Cronos Group Inc (CRON)

[Street Smart]

As pro-pot rival sweeps in, Netanyahu says he will consider legalizing cannabis
https://www.timesofisrael.com/as-pro-pot-rival-sweeps-in-netanyahu-says-he-will-consider-legalizing-cannabis/


Israel can be a major exporter of Medical caanabis in the region as well. Cron is in a very good position here

From Sec filings
Cronos Israel consists of four companies: (i) cultivation (encompassing nursery and cultivation operations), (ii) manufacturing, (iii) distribution and (iv) pharmacies. The Company holds a 70% equity interest in the cultivation company and a 90% equity interest in each of the manufacturing, distribution and pharmacies companies of Cronos Israel. Gan Shmuel holds the remaining equity interest in each of the four companies.

The Israel Codes were successfully transferred to Cronos Israel on May 10, 2018. These Israel Codes are preliminary licenses granted to successful applicants to construct facilities for cannabis operations. Commencement of cultivation, manufacturing and distribution operations in Cronos Israel is subject to final inspection by the Yakar and the issuance of final cannabis licenses. Subject to obtaining all necessary licenses and permits, the Company intends to export medical cannabis products from Cronos Israel once production operations commence. See “ – License and Regulatory Framework in Israel – Cronos Israel Licenses” and “ – Production Facilities