Himachal Pradesh CM Foresees Big Future for Legalising Cannabis Cultivation for Hemp in India
3 years, 9 months ago

Himachal Pradesh CM Foresees Big Future for Legalising Cannabis Cultivation for Hemp in India

News 18  

Himachal Pradesh Chief Minister Jai Ram Thakur is projecting an economic boom in legalising the hemp cultivation as thousands of families depend on it. In his Budget speech on Saturday, Thakur said, “Commercial hemp cultivation is permitted and regulated in many countries and in some states in India.” “This creates investment and employment opportunities. The state government proposes to frame a policy to permit commercial hemp cultivation with proper regulatory framework,” Thakur, who holds a finance portfolio too, said. They say the selective cultivation of cannabis and poppy on the lines of Rajasthan and Madhya Pradesh could annually generate revenue of Rs 800 crore to Rs 900 crore.

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