Federal Minister for Science and Technology Chaudhry Fawad Hussain has said that farms for cannabis production are being established in Jhelum, Peshawar, Chakwal and Islamabad, highlighting that cannabis was an alternative to cotton and its production would immensely benefit Pakistan’s economy.
Addressing the inaugural ceremony of the Lahore Chamber of Commerce and Industry (LCCI) app for apple IOS and its upgraded website on Saturday, Chaudhry said that the government was taking several measures to strengthen the national economy.
It may be mentioned here that the federal cabinet had approved the first license for the Ministry of Science and Technology and the Pakistan Council of Scientific and Industrial Research (PCSIR) for industrial and medical use of hemp, which the government says could result in a $1 billion market for Pakistan.
Per acre, hemp can produce crops three times the size of cotton, having a faster growing-time averaging at 90 to 100 days as compared to 150 to 180 days for cotton.
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