Leading expert body set up to turn Thailand into Asia’s hub
Thailand has strong potential to become a global hemp centre that would allow it to cash in on the $15.8 billion of worldwide hemp-related business projected over the next five years.
At least five nascent supply chains are being spurred by hemp and cannabis legalisation in Thailand, namely, beverages, food, medicines and supplements, apparel, and personal care products.
The plant also presents the kingdom with a significant opportunity to add new impetus to its medical tourism drive, with foreigners and locals seeking out affordable, hemp-cannabis related healthcare treatments.
But the route to realise the full potential remains bumpy as the country still faces hurdles, including the need to develop new strains of…
