Himachal may roll out regulated cannabis cultivation within months, says CM Sukhu

Key Points

1. Himachal Pradesh government aims to legalize and regulate cannabis cultivation.
2. The initiative projects annual revenues of ₹1,000 crore to ₹2,000 crore for the State.
3. The policy is expected to be finalized in a month or two, following approval by the State Cabinet.
4. The policy aims to reposition cannabis for medicinal and industrial uses.
5. The policy will mandate a tetrahydrocannabinol (THC) content of less than 0.3% in industrial hemp cultivation.
6. Pilot studies are being conducted by Chaudhary Sarwan Kumar Himachal Pradesh Krishi Vishvavidyalaya, Palampur, and Dr. Y.S. Parmar University of Horticulture and Forestry, Nauni.