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Live4Cup : Forum / Is Hempburger going? Thai consumer goods companies are legal to trade

#1 12-03-2021 09:49:29

kafa88
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Is Hempburger going? Thai consumer goods companies are legal to trade

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If a cannabis promoter bet in ทดลองเล่นสล็อต Thailand works, Thais may soon quit consuming cannabis, rinse it off with a cannabis-infused beverage before refreshing it with a shower gel and toothpaste infused with the ingredients. From plants Many Thai companies are investing in cannabis to find the first move in a multibillion-dollar industry in Asia after Bangkok legalized the use of cannabis and cannabidiol (CBD), illegal compounds. Created a 'high' in consumer goods earlier this year.Cosmetic manufacturers, beverage companies and rubber products businesses are investing in the development of domestic cannabis cultivation and plant-based products, allowing

the import of hemp and its derivatives for research purposes only to the majority of Thai-owned companies. To get a license to use marijuana under government rules It's a business that Prohibition Partners analysts could be worth an estimated $ 660 million in Thailand alone by 2024 and around $ 8.5 billion across Asia. As Thailand moves faster than other countries in the region, such as Malaysia and Singapore, which remain in legal debate, enthusiastic executives are looking forward to the opportunity to build a strong presence.This is a golden opportunity," said Tan Passakornnatee, president of the beverage company, Ichitan Group said, making CBD-infused beverages at the heart of the company's strategy.Staying

at the top of the market will be important for companies because it is difficult for a product to have. But at the national level only It is also a global buzz, he told Reuters in an interview.To be sure, the respective companies and analysts agree that the path to profitability can be difficult to navigate. Raw materials will be in short supply due to a limited number of licensed growers, while the science of compound extraction may prove to be another costly hurdle.There will be a mistake along the way," said Maria Lapiz, head of institute research at Maybank Kim Eng. "It will not go smoothly and (partially) expect revenues not to come.Lapiz said that if there is an opportunity for export, farmer income growth will boost Thailand's economy.


The signature product?

Thailand has a history of using cannabis in traditional medicine for pain relief as well as seasoning, and in 2018 it was certified the plant for medical and research use.Cannabis is in demand among consumer product manufacturers as it is considered to be widely healthful and contains higher concentrations of the non-psychoactive CBD, which is now being researched for medical applications. A wide variety Beverage maker Ichitan has launched a terpene-based beverage, a government-approved compound found in marijuana as well, in what it says is a move to get the hang of it. Public acceptance for this type of product before it got regulatory approval for CBD drinks, which is expected this year.

In cosmetics, the Smooth E brand hopes to be the first to contain CBD products and is expected to receive approval in August.We can call it Smooth CBD," said Chief Executive Sangsukpittayanukul in Bangkok, adding that there is potential for CBD shower gels, shampoos and toothpaste under his oral care brand, Dentiste.Every country has a unique product. Thailand should be cannabis, he said.Tropical climates, water and traditions make Thailand a suitable place for cannabis cultivation, said Krit Thiraka-ots, a former investment banker who now runs the Golden Triangle.So far, his company has invested 120 million baht (US $ 3.92 million) to build a 500 square meter genetics laboratory and has developed hemp called Raksa, which means "to cure".

This is an F1 race," Thiraka-oat said, using a racing analogy to highlight the speed and precision needed to move forward.Chatchaval Chearavanont, president of the Golden Triangle, is a member of a billionaire family that controls one of the country's largest agro-industrial companies, Charoen Pokphand Group, which advises the Golden Triangle as a cooperative farming model.Elsewhere, the rubber producer Sri Trang-Kaset said it expects to grow cannabis for the first time when it is approved this year, with the potential to plant more than 790 acres, said Thippawadee Sudweha, head of investor relations. With an investment of about 100 million baht, she said the cost is not high because the company already owns the land.

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#2 16-03-2021 15:26:49

Freidempel
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Re: Is Hempburger going? Thai consumer goods companies are legal to trade

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#3 17-03-2021 13:56:14

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Re: Is Hempburger going? Thai consumer goods companies are legal to trade

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#4 19-03-2021 09:07:04

alucca
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Re: Is Hempburger going? Thai consumer goods companies are legal to trade

Cannabis is in demand among consumer product manufacturers as it is considered to be widely healthful and contains higher concentrations of non-psychoactive CBD, which is now being researched for medical applications. A wide variety of Beverage maker Ichitan has launched a terpene-based beverage, a government-approved compound found in marijuana as well, in what it says is a move to get the hang of it. venge io

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#5 15-02-2022 12:22:38

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#6 15-02-2022 12:23:07

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#9 15-02-2022 12:23:31

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