Up in smoke: Making sense out of Israel’s medical marijuana mania


At last count, the Tel Aviv Stock Exchange was home to 19 medical marijuana companies with a combined market capitalization of 3.4 billion shekels ($950 million). Many of them have seen their share price soar by hundreds of percent. >> Subscribe for just $1 now The industry is abuzz with mergers and acquisitions, plans for initial public offerings on Wall Street, negotiations with global companies and hiring of big names as executives and advisers.

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