Easier user rules prospect boosts cannabis stocks

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Deputy Minister of Health Yaakov Litzman announced that a license would no longer be required to use cannabis for certain indications. Last Thursday, Deputy Minister of Health Yaakov Litzman announced that he was considering the removal of cannabis from the Dangerous Drugs Ordinance for some indications.

The announcement led to substantial rises yesterday in the share prices of cannabis-related companies traded on the Tel Aviv Stock exchange.

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