Opportunities for the Asian Hemp and CBD Industry: What Lies Ahead?
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The medical cannabis market in the Asia Pacific is valued at USD 3.75 billion in 2021 and projected to reach USD 11.49 billion by 2026, forecasted to hike at a decent rate of 25.13%. Thailand became the first country in Southeast Asia to legalize the production, import, and export of cannabis for medical purposes in 2018. Recently, the government also agreed to allow parts of the plant with very low THC, to be in medicinal products and food.
Opportunities for the Asian Hemp and CBD Industry: What Lies Ahead?
Opportunities for the Asian Hemp and CBD…
Opportunities for the Asian Hemp and CBD Industry: What Lies Ahead?
The medical cannabis market in the Asia Pacific is valued at USD 3.75 billion in 2021 and projected to reach USD 11.49 billion by 2026, forecasted to hike at a decent rate of 25.13%. Thailand became the first country in Southeast Asia to legalize the production, import, and export of cannabis for medical purposes in 2018. Recently, the government also agreed to allow parts of the plant with very low THC, to be in medicinal products and food.