What Happens if India Legalises Marijuana: It Can Reach New 'High' and Beat China at its Game Too
3 years, 10 months ago

What Happens if India Legalises Marijuana: It Can Reach New 'High' and Beat China at its Game Too

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Rhea Chakraborty may never have heard of Harry Anslinger and has definitely never met him. Anurit Kanti, a researcher on the subject, told me in an earlier interview that he even considered it a “silver bullet in the fight against climate change.” China Cashes In Given the evident commercial scope of the crop, it’s no surprise that China has emerged as one of the foremost players in the global cannabis market. Despite prohibiting the cultivation of high-THC cannabis and its narcotic use, China has recognised cannabis’ industrial and medicinal potential. Its potential is visible in estimates from ABCD’s research, which showed that tax from recreational cannabis alone would earn $31.45 million in revenue from Delhi in 2018, and $27.78 million from Mumbai. With the excise department being a regulatory body, research into hemp was difficult to conduct until recently.” He added, “keeping THC levels below 0.3% isn’t easy, since Indian cannabis species tend to be high-THC, seeds need to be grafted with imported low-THC varieties, which involves a great deal of trial-and-error.” Though this is happening on a limited scale – BOHECO, for example, works with institutions like the G.B.

History of this topic

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