Hemp

News agency: true ID URL: https://news.trueid.net/detail/nq7MvKZ0BnzO Date published: March 3, 2021 ทันหุ้น – NRF allocates a budget of 130-150 million baht to build a hemp oil extraction plant, hoping that GTH will support and increase the value of the business. This year, all businesses grow well. Sales of 3 billion baht are expected to come faster than the target in 2024. The deal to invest in a company on Amazon.com drives sales through e-commerce, which tends to grow strongly. It is expected that the investment will be 3 billion baht in 3 years. Mr. Dan Pathomwanich, Chief Executive Officer of NR Instant Produce Public Company Limited (NRF), revealed that the company expects that the target to increase sales to 3 billion baht has a chance to be achieved faster than the target within 2024, compared to the previous year's sales of 1,408 million baht. The growth will come from the Ethnic Food group, OEM / Private Label products, and the group.

News agency: brandbuffet URL: https://www.brandbuffet.in.th/2021/02/tom-kruesopon-launch-hemp-business/ Date published: 26 Feb 2021 It can be said that he is another quick-witted tiger who is following the trend of the hemp business. When "Tom Kruesopon" wants to go all the way from upstream to downstream, joining hands with Khon Kaen University to plant 1,000 rai of hemp to make CBD extracts, attracting famous brands to make products, and opening a lifestyle franchise, Hemp House, to sell products without having to rely on retail stores. After the Ministry of Public Health proceeded with the policy of unlocking "cannabis-hemp" to be a new economic plant, some parts can be used without being classified as narcotics. The main parts are: 1. Leaves (not attached to the flower buds), bark, stems, fibers, branches, roots are not considered narcotics. 2. Hemp seeds, oil, extracts 3. Cannabidiol (CBD) extracts and tetrahydrocannabinol (THC) not exceeding 0.2% (parts of cannabis and hemp flower buds Including cannabis seeds, which have not been released from narcotics) The essence of "hemp" has less intoxicating substances than marijuana and has received attention from business operators and has been a continuous trend when the Food and Drug Administration (FDA) issued an announcement on 29

News Agency: khaosod URL: https://www.khaosod.co.th/economics/news_6032347 Date published: 26 Feb 2021 Tom Kruasophon ventures into joint venture with KKU to grow 1,000 rai of hemp – Customers queuing up to buy Tao Kae Noi-Smooth E-NRF, ready to push forward sales of Hemp House franchises Hemp House Tom Kruasophon ventures into hemp – Mr. Chulaphas (Tom) Kruasophon, founder of Golden Triangle Health Co., Ltd. or GTH, revealed that the company has been operating a hemp business since the Royal Gazette permitted the use of hemp for commercial purposes, effective from 29 January 2021. In addition, the Food and Drug Administration (FDA), Ministry of Public Health, has also allowed interested private companies to register to grow hemp on a large area for business. As a result, the company is preparing to register a joint venture with Khon Kaen University (KKU) to operate a hemp planting and extraction business. To distribute to the food, snack, beverage, spa products, balm and cosmetics manufacturing industries, along with applying for a hemp cultivation license with the FDA, the company will hold a 50-60% share, which currently, KKU has approximately 1,000 rai of land in Khon Kaen Province that can immediately support hemp cultivation.