Hempcorp's 10,000 Acre Plantation

The company has been engaging with government officials and liaisons regarding regulatory compliance. A recent industry development was made by the government in licensing cannabis cultivation, processing and refinement for the production of ayurvedic medicines containing CBD and THC content. 

The company has undertaken a professional legal opinion regarding the legal status of cannabis in India. The law has clear provisions for the use of cannabis as ayurvedic medicine and is beginning to be interpreted as such by the industry at large. Consequently, a range of cannabis-infused products has been hitting the Indian markets.

The company has made the recent decision to proactively participate in the formation of a cannabis society for the decriminalisation, legalisation and advocacy of cannabis in India. Further, is in partnership discussions with technologists regarding bleeding edge technologies in cannabinoid extraction.

Hempcorp expects the market to grow at an exponential rate over the next 3 years into a multi-billion-dollar industry and is seeing a growing interest in foreign investment into India's cannabis space. Given these factors, the company is also focusing on the creation of an Indian hemp market.

About Hempcorp:

Hempcorp is in the business of cannabis cultivation, processing and refinement. Its management team is made up of entrepreneurs and industry experts who have extensive experience.

Contact:
Betsie Kohlen
[email protected]

Website: https://hempcorp.in 
Company video: https://youtu.be/mA4Ea0B-WOg
LinkedIn:https://www.linkedin.com/company/hempcorp
Media collateral:http://bit.ly/30wGxuJ

Logo: https://mma.prnewswire.com/media/966749/HEMPCORP_Logo.jpg