Tata Sons emeritus chairman Rata Tata and Google India’s managing director Rajan Anandan are among a group that are investing in Bombay Hemp Company. The company is first of its kind start up that will study the medical use of cannabis. The company will grow and study the medicinal properties for use in the treatment of epilepsy and breast cancer, as well as for palliative care. According to a report in 2016 cannabis-related startups raised $66.3 million in venture capital funding, mostly in the United States. China is also now tapping into the hemp cultivation with China Hemp Research Centre being set up in Beijing. Watch this video to find out more.
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