Thailand seeks export markets for medical cannabis

Thailand is seeking ways to enter the global trade for medical cannabis after its production and use has been allowed in the country.

According to The Nation, government officials are currently drafting up a law that would consider medical cannabis as an economic crop, meaning it would be allowed to be exported to other countries. Plans are to address markets throughout Asia, in Europe and the US.

The draft also focuses on the cultivation of cannabis and Thai hemp, with Thai farmers potentially being given access to commercial cannabis seeds to store their own seed stocks.

Producing cannabis in industrial amount

Large areas of Thailand are suitable for cultivation of medical cannabis, which should significantly boost incomes in the agricultural and associated industrial sector, according to studies conducted on the crop, which was legalised last year.

However, Thailand currently has only four cannabis varieties and would need to develop more to support industrial production, industry experts say.

To move forward, cannabis growers have already begun collaborating with the country’s state-run Government Pharmaceutical Organisation on farming projects to grow high-grade medical marijuana and build a network of community producers.



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Thailand is seeking ways to enter the global trade for medical cannabis after its production and use has been allowed in the country. According to The Nation, government officials are currently drafting up a law that would consider medical cannabis as an economic crop, meaning it would be allowed to be exported to other countries. Plans are to address markets throughout Asia, in Europe and the US. The draft also focuses on the cultivation of cannabis and Thai hemp, with Thai farmers potentially being given access to commercial cannabis seeds to store their own seed stocks. Producing cannabis in industrial...

Thailand is seeking ways to enter the global trade for medical cannabis after its production and use has been allowed in the country.

According to The Nation, government officials are currently drafting up a law that would consider medical cannabis as an economic crop, meaning it would be allowed to be exported to other countries. Plans are to address markets throughout Asia, in Europe and the US.

The draft also focuses on the cultivation of cannabis and Thai hemp, with Thai farmers potentially being given access to commercial cannabis seeds to store their own seed stocks.

Producing cannabis in industrial amount

Large areas of Thailand are suitable for cultivation of medical cannabis, which should significantly boost incomes in the agricultural and associated industrial sector, according to studies conducted on the crop, which was legalised last year.

However, Thailand currently has only four cannabis varieties and would need to develop more to support industrial production, industry experts say.

To move forward, cannabis growers have already begun collaborating with the country’s state-run Government Pharmaceutical Organisation on farming projects to grow high-grade medical marijuana and build a network of community producers.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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