Industrial production of hemp can generate $1b revenue: Fawad

Islamabad - The federal cabinet has approved the production of industrial hemp by the government in a decision that could result in a $1 billion market for Pakistan in the future, Minister For Science and Technology Fawad Chaudhry said on Wednesday. Addressing a press conference, Chaudhry said some people were misinterpreting the cabinet decision as allowing the cultivation of a poppy-like crop in Pakistan which could be used to make addictive drugs. He clarified that the industrial hemp plant contains a compound called cannabidiol, which can “play a very important role” in medical therapies meant to mitigate severe and chronic pain.

 

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