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Is the Hemp Industry in India a Viable Startup Opportunity?(Ofc i will not promote)
I will not promote Been looking into industries that are still kinda untapped or have low competition, where being an early mover could actually make an impact. One thing that caught my attention is the hemp industry in India. With global demand growing for hemp-based products (textiles, CBD, bioplastics, etc.), is there real potential for startups here? Also, how exactly do Indian laws separate industrial hemp from marijuana? Any major legal roadblocks to watch out for?" On that note, what do you guys think about the future of marijuana legalization in India? There’s a lot of research backing its health benefits, especially for mental disorders. With more countries starting to legalize it, I’m pretty sure it’s just a matter of time before India reconsiders its stance. And honestly, if it ever gets legalized here, I have no doubt it’ll outgrow the nicotine and alcohol industries way safer and has way more uses1
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