Canada’s established cannabis industry stepped up when Israel faced a medical-marijuana shortage. But companies in Israel think they’re being hurt by “dumping” of Canadian products.
Source: Why Canada is being accused of ‘dumping’ cannabis on Israel
Oh vey!
A few facts from the article…
In 2022, 84 per cent of the 24,000 kg of medical cannabis that Israel imported came from Canada, according to statistics cited in a summary of the allegations that prompted the anti-dumping probe.
But the nub of the dispute is the allegation that Canadian companies are selling medical marijuana at about $5 per gram in Canada, but dropping the price to about $3 per gram on average when selling to Israel. This has prompted suspicions that the companies are doing so in an attempt to flood the market — a practice known in international trade as dumping.
