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Monday, April 29, 2024

Loxley enters hemp market via terpenes

Mr Dan, left, Mr Suroj, centre, and Mr Julpas participate in the terpene flavours press conference held yesterday.

Loxley Public Co is tapping into the hemp market after inking deals with NR Instant Produce Pcl and Golden Triangle Health Co Ltd (GTH) to become their terpene flavour distributors.

Suroj Lamsam, Loxley’s president and chief executive, said under the agreement, GTH will be responsible for product procurement, including terpene flavours and products that contain terpene flavour as an ingredient.

Loxley’s chemical business will distribute these products and look to sell them to business-to-business (B2B) firms such as manufacturers from various industries.

Loxley Trading will begin the distribution of ready-to-consume goods such as snacks or skincare products with terpene flavour via its…

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