Cannabis in India is regulated by the Narcotic Drugs and Psychotropic Substances (NDPS) Act of 1985. The law imposes a ban on extracting the resin and flowers from the plant, while permitting cannabis use for medicinal and scientific purposes. State governments are empowered to permit, control and regulate its cultivation, production and transport. This law was foisted on India as part of Ronald Reagan‘s media-fuelled ‘war on drugs’, despite the social acceptability of cannabis use here.
Prohibition takes it underground, outside the purview of quality control with the potential of its misuse. Legalising it also makes economic sense. The global ‘legal’ marijuana market is valued at $21 bn in 2023. It’s projected to have a CAGR of 25.7% over 2024-30. For India to take a toke of this market, and bring it under commercial quality control, is an opportunity. America can one day follow suit.