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Cannabis culture is catching on and hemp businesses are sprouting everywhere. The global industry of cannabis is pegged at $57 billion but Indian startups are having a hard time exploiting it due to a lack of regulatory uniformity and clarity. What do you do if its fibres can be turned into fine clothes and sturdy ropes but its resin is a prohibited narcotic drug that can land you in jail? TMB Podcast host Apoorva Mittal explores this hazy subject in the latest episode of The Morning Brief with Sumit Shah of Bombay Hemp Company, Tarun Jami of GreenJams, Prasannan Namboodiri, Advocate and Former Narcotics Officer, and Stephen Murphy of Prohibition Partners. Tune in! Credits: Shark Tank India ....
»What Happens if India Legalises Marijuana: It Can Reach New High and Beat China at its Game Too 8-MIN READ What Happens if India Legalises Marijuana: It Can Reach New High and Beat China at its Game Too Image for representation purpose only. The market for cannabis products, both recreational and industrial, seems to be on the verge of major growth. Though China dominates global supply, its grasp over the market might weaken if companies consider moving supply chains out of the country, as they have throughout 2020. This sentiment likely won’t last and must be taken advantage of. Last Updated:January 29, 2021, 20:59 IST ....