Cannbis Medicine Project: First Foreign Investment in Jammu and Kashmir

The first ever Cannabis Medicine project that is to be set up in Jammu and Kashmir in collaboration with Canada is to be the first foreign investment in the union territory.

Highlights

The project is to be set up at the Indian Institute of Integrative Medicine in Jammu and Kashmir. The project was recently reviewed by the Union Minister Jitendra Singh. Along with this, the minister also reviewed progress of the construction of new biotech iindustrial park in KAthua, Jammu and Kashmir.

Background

Jammu and Kashmir is to be the first in the country to develop medicines from the cannabis plant.

Cannabis in India

The United Nations Office on Drugs and Crime report, World Drug Report says that around 2.83% of Indians of age 10-75 years use Cannabis products. Also, the retail price of Cannabis in India is 0.10 USD per gram. This is the lowest of any country in the world.

In 2019, AIIMS submitted its report on “Magnitude of Substance Use in India” to the Ministry of Social Justice and Empowerment. The fey findings of the report are as follows

  • Around 5 crore of Indians use Cannabis
  • Alcohol is the most abused substance in India
  • There are more than 8.5 lakh people in India using drug injections.
  • Of all the states, Punjab, Assam, Haryana, Delhi, Manipur, Sikkim, Mizoram and Uttar Pradesh use injective drugs extensively.

Legal status

The 1961 Single Convention on Narcotic Drugs, an international treaty classed cannabis as a hard drug. Drugs that are more harmful are hard drugs and those that are less harmful are soft drugs.

Narcotic Drugs and Psychotropic Substances Act

India is a signatory of United Nations Single Convention on Narcotic Drugs, 1961. Abiding to the convention, the Narcotic Drug and Psychotropic Substances Act was framed.

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