Israel’s Ministry of Health takes issue with tariffs proposed by Israel’s Ministry of Economy on cannabis imported from Canada.
In a report published on November 10, Israel’s Ministry of Economy has proposed levies of up to 175% on Canadian cannabis products being sold in the country’s medical cannabis program.
The investigation, which was first announced this past January, was based on allegations of “product dumping” of Canadian cannabis into the Israeli market.
In July, the government agency released its preliminary report on the topic, proposing tariffs from 63% to 369%, depending on the cooperation of the companies involved, before settling on lower rates in the most recent report in November.
These rates were based on the Ministry of Economy’s investigation into domestic pricing for cannabis in Canada.
But the head of the economy, regulation and innovation at the country’s Ministry of Health, Ran Ridnik, has sent a letter to the Ministry of Economy’s Dany Tal expressing his dismay at the proposed tax rates and the process that was followed to come to such a determination. Tal has led the investigation process and reports.
Read the full article at StratCann
