SōRSE Technology Enters Thailand’s CBD Marketplace via Exclusive Partnership with Hempagoda

SEATTLE–(BUSINESS WIRE)–SōRSE Technology Corporation, the leading water-soluble emulsion technology company for Consumer Packaged Goods, today announced that it has entered the hemp and cannabis marketplace in Thailand. SōRSE currently powers over 100 infused products on the market. SōRSE has entered an exclusive partnership with Hempagoda to make the SōRSE Technology platform available to the Thai market. In 2019, Thailand became the first Southeast Asian country to legalize cannabis for medical use and research, as well as hemp for producing textiles, garments, and other products. In February 2021, Thailand legalized the use of hemp and CBD in food and cosmetics, and early this year, the government removed cannabis and hemp from its list of controlled substances. These steps have created the opportunity for the production of infused products in 2022.

Over the past…