Hemp startups in India are already fueling the growth of the cannabis market globally. Before we dive into the top 10 cannabis plant startups in India, let us understand more about the crop and its market.
It is often thought that hemp and hemp are the same, but they are not. Industrial hemp is high in fiber and low in the active tetrahydrocannabinol (THC), the psychoactive ingredient in marijuana.
According to studies by the Agricultural Market Research Center (AMRC), the confusion between marijuana and industrial hemp arises due to the visual similarity between two completely different types of plants.
In India, this tireless plant has always been an essential part of society. Its first mention was in the Vedas, where it is listed as one of the five sacred plants. It is widely known that hemp is used not only as a fiber to make durable clothing but also in religious ceremonies. Hemp oil is used as an ingredient in many herbal oils and skin care products for its soothing and healing properties.
Several Indian start-ups are researching and taking advantage of the multifaceted properties of this cannabis strain. Let’s take a closer look at the best cannabis plant startups in India!