Green Jams is a highly Unconventional Ventures
To this, Jami says, “We are thinking of creating an ecosystem, similar to a bank, where farmers can deposit this waste material and we can give them fair prices in exchange. Every other challenge is surmountable.” Green Jams is a highly unconventional venture that strives to create infrastructure with hemp concrete or lime hemp concrete. Its founder, Tarun Jami came up with the idea when he was pursuing his Master’s in Environmental Science. During his time at University, he and his brother decided to make hempcrete a reality in the market via Visakhapatnam-based Green Jams Infrastructures. They decided to revolutionize construction by switching to hemp as it’s carbon negative and can absorb carbon dioxide emissions.
“We have gotten in touch with several stalwarts from the construction field and they are very excited about our product. Now, we just need to start manufacturing it on a large scale,” says Tarun, who along with his brother, was featured in the Forbes 30 Under 30 list in 2019.
Last year, they had collaborated with the Central Building Research Institute but are still working out the details of introducing it into the construction industry. The founders say that it’s challenging to create a supply chain for hempcrete as no one uses it. So, it’s hard to convince farmers to grow the raw materials for it.
To this, Jami says, “We are thinking of creating an ecosystem, similar to a bank, where farmers can deposit this waste material and we can give them fair prices in exchange. Every other challenge is surmountable.”
How the Hemp Industry can help the Agricultural Sector
Grand View Research, Inc. India, too, can reap the economic benefits of the growing cannabis industry, especially in its agricultural sector.
Cannabis production could give farmers a new revenue stream, including export earnings. Bhang, a part of the cannabis plant, is legal in India and hence runs in the market supply. So, we know that there is knowledge on growing the plant since it’s been used for religious ceremonies and celebrations across India. Also, these plants grow wild across the entire country, especially in the north.
India has suitable soil and climate for growing cannabis. It also doesn’t need any heavy branding to lure international buyers as ganja and bhang are globally associated with Indian culture. This makes sense considering how many people travel to India to go on a hippie trail. Certain states are also popularly known to have high-quality weed such as Kerala and Himachal Pradesh which further gives us an edge in exporting. Here is an in-depth article on ‘Can Hemp Cultivation Help Rural Indian Economies?’
According to an analysis by Quartz, legalizing cannabis could lead to millions entering our economy and help farmers generate higher incomes. However, this is just one side of the coin, there are several roadblocks that arise when considering the legalization of recreational marijuana.
Disclaimer: This article is originally published on https://www.bingedaily.in/article/indian-brands-working-with-weed-cannabis#:~:text=GreenJams%20is%20a%20highly%20unconventional,concrete%20or%20lime%20hemp%20concrete.&text=They%20decided%20to%20revolutionize%20construction,can%20absorb%20carbon%20dioxide%20emissions.
