India

Fri
13
Sep

India, Pakistan cities in top three for pot usage despite being illegal

New Delhi, India, and Karachi, Pakistan, have ranked among the top three places for cannabis consumption according to data recently released, despite laws against the drug in both places.

Germany-based media campaign outlet ABCD and self-growing cannabis tech company Seedo reported the findings in its updated Cannabis Price Index after aggregating data from 120 cities around the world.

The report found New York had the most consumption last year at 77.44 metric tons of weed, while Karachi, Pakistan, came in second with 41.95 metric tons and New Delhi, India, in third with 38.26 metric tons. Los Angeles came in fourth place, and Mumbai, India, was sixth.

Mon
05
Aug

8 ancient cultures that loved smoking weed

While people’s opinion on marijuana today is divided between people who think it’s totally cool to use and others who think you’ll become a dangerous killer if you use it, that wasn’t really the case in the past, writes Jason Misulonas. For thousands upon thousands of years, ancient cultures used cannabis as a medicine, a building material and even just to get rid of the blues.

Here are eight ancient cultures that enjoyed using cannabis:

Tue
28
May

International Cannabis secures exclusive Master License for revolutionary cannabinoid extraction technology

ICC International Cannabis Corp. (CSE: WRLD.U) (FWB: 8K51) (OTC: WLDCF) (“ICC” or “International Cannabis” or the “Company”)) is pleased to announce the Company has secured the exclusive European master license to the Affinity Alpha Unit (“Affinity Technology” or “Affinity Unit”), a revolutionary cannabinoid extraction system.

Wed
15
May

Analysis optimistic about progress in the Asian cannabis market

Cannabis is deeply rooted in the continent of Asia, where a cultural, medicinal and spiritual relationship with the plant stretches back into remote antiquity. The harsh prohibition regimes in many Asian countries are likely to be pried open over the next years, allowing for fast growth of a regulated cannabis market.

Fri
10
May

Asia's medicinal cannabis market could be worth over $US5.8 billion by 2024, report says

The Asian medical cannabis market could be worth an estimated US$5.8 billion by 2024, Prohibition Partners, a market intelligence and strategic consultancy firm, has found in its latest report. According to analysis, which was released this Thursday, if legislation is introduced in a number of the continent’s major markets, this estimate could quadruple by 2027.

Thu
25
Apr

Here’s why weed tea is such a hit in these countries

Tea has been around for centuries; so has cannabis-infused tea. It appears the first recorded medical prescription of marijuana, way back in 2737 BC, was actually in the form of cannabis-infused tea.

Wed
17
Apr

The cannabis industry: India’s untouched gold mine

The global legal marijuana market is expected to reach USD 146.4 billion by the end of 2025, according to a new report by Grand View Research, Inc. Usually a topic of debate, due to its medical benefits, cannabis also has a huge potential to boost India’s economy and create millions of jobs. As a nation, we have enormous learning about its utilisation and good climatic conditions for its production. Legalising cannabis would pave the way for India to be a key player in the industry and carve a niche for ourselves as pioneers of cannabis-based products.

Tue
17
Jul

How hemp can help India achieve its sustainable development goals

Let's explore how an innovative hemp based business could establish a well-rounded circular economy.

It is a racing certainty that businesses have an important role to play in preventing climate change. But businesses are predicated on profits, and not long ago, entrepreneurs considering businesses that incorporate climate solutions were thought to be “hare-brained”. However, things have been changing gradually. Ever since the recent re-emergence of the trillion-dollar crop – hemp, dispositions are starting to look good for both climate and entrepreneurs.

Thu
14
Jun

Cannabis may be illegal there. but smoking paraphernalia is big business in India

Cannabis use is illegal in India, but that hasn't stopped a booming business from being built around it. Smoking paraphernalia commands a market estimated at over $66 million, writes Calvin Hughes. 

In 2014, two young entrepreneurs, Kunaal Kapoor and Nikunj Ahuja, started selling playfully decorated roach tips under the name SlimJim. Their company now sells over 50 kinds of cannabis accessories including papers, bongs and even cannabis seeds.

Tue
06
Feb

India’s cannabis economy has a new hope—Patanjali

India’s leading ayurveda-based products maker now wants to ace cannabis research.

Patanjali Ayurved is stepping up studies on the plant’s medicinal and industrial properties, its chief executive Balkrishna told Quartz.

“In ayurveda, since ancient times, parts of cannabis (hemp), for instance, have been used for medicinal purposes. So, we are looking at various formulations. We should ponder over the benefits and positive uses of the cannabis plant,” Balkrishna said over a call.

At its research and development centre in Haridwar, a team of some 200 scientists is looking into the benefits of various indigenous Indian plant species and their extracts for use in medicines and other products. Cannabis is one of them.

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