Budget could not really live up to the expectations: Shivam Singhee, CEO & Co-Founder, Awshad

According to Shivam Singhee, CEO & Co-Founder, Awshad, “The Union Budget has provided a great infrastructure and Make in India push. However, from the health and wellness sector perspective, the Budget could not really live up to the expectations. Although some positive announcements have been made by the FM, such as the rollout of the National Digital Mental Health Programme and the National Tele-Medicine program, which is a testimony to the fact that the Government is keen to address the growing mental health issues of the pandemic-bruised population of our country. Going forward, the need for additional incentives or tax breaks for wellness and holistic healing enabling companies or startups might arise.”

About Awshad

Awshad is embracing cannabis wellness with home-grown brand offering scientific and most easily accessible solution. Awshad’s flagship product named ‘Awshad Full-Spectrum Vijaya Oil’ — is made using the cannabis extract in a bid to provide better health and wellness to people across all ages and backgrounds. The product contains CBGA, CBDA and 100s of other cannabinoids (compounds found in cannabis) – as it is a Full-Spectrum CBD oil, which means it contains all the cannabinoids present in the cannabis plant, including CBD or cannabidiol and THC or tetrahydrocannabinol.

Unlike many other cannabis wellness or CBD brands in India and the world,  Awshad stands out as it chose to go the “Full-Spectrum way” based upon the scientific principle known as “The Entourage Effect” — which states that the compounds in cannabis work better when they are taken together. The startup has combined cannabis’ extensive, scientifically-proven therapeutic and healing properties along with rigorous lab research and cutting-edge technology to make unique products that are best fit for the discerning Indian consumers. They want to revolutionize the health and wellness space in India, starting with their first product Full-Spectrum Vijaya Oil.