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Wednesday, May 1, 2024

New Thailand Cannabis Production Plant Sends Stock Soaring



A Toronto-based cannabis company just announced that its Thailand subsidiary will be opening a 600-million-baht (C$22,900,000) cannabis/hemp production plant in Doi Saket district of Chiang Mai province in Thailand, according to the release. Shares of MPX International Corp (OTCQB:MPXOF), the parent company, rallied strongly on the news.

MPX is a diversified cannabis company focused on developing and operating assets across the global medical and adult-use cannabis industry with an emphasis on cultivating, manufacturing and marketing products which include cannabinoids as their primary active ingredient. The majority of the revenue…

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