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Pakistan plans hemp production with eye on global cannabis market

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Pakistan unveils plans to allow the industrial production of hemp, spurring hopes farmers and businesses in the country will be able to tap into the lucrative global cannabis market

Hemp buds for export sit at the CPlant company's farm on the outskirts of Tala, Uruguay, August 13, 2020.

"This hemp market could provide Pakistan with some $1 billion in the next three years and we are in a process of making a full-fledged plan for this purpose," science and technology minister Fawad Chaudhry told reporters on Wednesday. Initially, the government will control hemp production, Chaudry said, but private businesses and farmers will be allowed to enter the market at a later date.

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