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'huge Potential': Can India’s Medical Cannabis Market Thrive?

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'Huge potential': Can India’s medical Cannabis market thrive?

Submitted by Marijuana News on Mon, 02/22/2021 - 09:56

After nearly 59 years, the Commission on Narcotic Drugs (CND), the UN’s central drug policy-making body, recently voted to remove Cannabis from Schedule IV of the 1961 Single Convention on Narcotic Drugs - where the strictest control measures apply, and its use was generally discouraged for medicinal purposes. 

27 of the CND’s 53 Member States, including India, the United States and most European nations, voted “Yes” on the motion.

If the idea is to genuinely tackle and provide a solution for medical ailments using Cannabis, the regulations in India already provide for it under Ayurveda. 

In India, the earliest mention of this plant has been found in The Vedas (the Atharva Veda) - where it is listed as one of the five sacred plants. In fact, due to the legality of being able to provide this medication across all states, India is actually one of the few “federally legal” medical Cannabis countries.

Cannabis, (genus Cannabis) is a group of medicinal, recreational, and fibre plants belonging to the family Cannabaceae

Source: https://420intel.com/articles/2021/02/22/huge-potential-can-india%E2%80%99s-medical-cannabis-market-thrive

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