Uttarakhand Becomes the First State in India to Issue Industrial Hemp Cultivation License | CashCropToday
0 Shares 626 Views

Uttarakhand Becomes the First State in India to Issue Industrial Hemp Cultivation License

July 13, 2018
626 Views

Uttarakhand has become the first state in India to have issued a legal license for the commercial cultivation of industrial hemp.  The Indian Industrial Hemp Association (IIHA) has been granted the first licenses to cultivate hemp on a research basis. The non-profit organization will begin growing 1,000 hectares.

“We will commence cultivation of non-narcotic hemp soon with the initial focus on creating a seed bank.” said Rohit Sharma, Founder-President, IIHA.

Industrial hemp can be manufactured into a number of finished goods and can be utilized in numerous ways to improve our environment. Textiles, finished food products, cosmetics, bio-fuel, environmentally friendly construction materials, and medicine can all be manufactured or extracted from the hemp plant.

The implementation of a commercial hemp industry in India could be a huge positive for the country’s economy and some of its impoverished cities. Industrial hemp could be a huge cash crop for the country’s farmers, manufacturers, and product distributers, as well as, hemp could be used as a major export for India. Hemp can be grown with scarce resources such as water and nutrient rich land. Farmers can also cultivate multiple crops a year in India which will help slow down deforestation throughout the country.

You may be interested

MariMed Enters Strategic Partnership with Hemp CBD Producer GenCanna
Market Watch
33 views
Market Watch
33 views

MariMed Enters Strategic Partnership with Hemp CBD Producer GenCanna

Editor - November 12, 2018

MariMed Inc. (OTCQB: MRMD) has announced this morning that the company has created a strategic partnership with GenCannaGlobal Inc. Under the terms of the agreement the two companies…

MedMen Plans to Raise C$120M Selling Units at C$6.80
Market Watch
43 views
Market Watch
43 views

MedMen Plans to Raise C$120M Selling Units at C$6.80

Editor - November 9, 2018

MedMen Enterprises Inc. (CSE: MMEN)(OTCQX: MMNFF), has announced this morning that the company has engaged Canaccord Genuity Corp. at act as lead underwriter and sole book-runner to sell 17,648,000…

Trulieve to Expand Product Distribution to California and Massachusetts
Market Watch
46 views
Market Watch
46 views

Trulieve to Expand Product Distribution to California and Massachusetts

Editor - November 8, 2018

Trulieve Cannabis Corp.(CSE: TRUL) has announced this morning that they plan to acquire 100% of Life Essence, Inc., located in Massachusetts, and 100% of Leef Industries, LLC,…

Leave a Comment

Your email address will not be published.

Most from this category

%d bloggers like this: