A hemp plant is displayed at the Ministry of Public Health’s Institute of Cannabis.Pattarapong Chatpattarasill
Sri Trang Argo Industry (STA) led other hemp-related business stocks on a healthy price uptick ahead of the government’s decision on whether to allow hemp oil in food and beverage products.
The share price of many stocks related to hemp have continued to rise since the beginning of the year, as investors are bullish on the future of the hemp industry in Thailand following its legalisation last year, said an analyst at Yuanta Securities.
He said the Food and Drug Administration (FDA) is preparing to announce regulations and licences for the private sector to use hemp oil in food…
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