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News Forum - CBD nutraceuticals market emerging in Thailand and globally

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Press Release Thailand’s legalization of cannabis makes it the region’s leader and a pioneer for cannabis liberalization. According to the latest figures from Prohibition Partners’ recently released Asian Cannabis Report: 2nd Edition, medical and non-medical cannabis sales in Asia could skyrocket to more than 10 times their current size by 2026 to an estimated $140 million. Thailand is well-poised to strengthen its cannabis agricultural and manufacturing capabilities while expanding its ecosystem for cannabis-related pharmaceuticals, nutraceuticals, cosmeceuticals, food, and drinks. Thai companies such as Eastern Spectrum Group (ESG) and Bloom are expanding the Thailand cannabis market while promoting consumer awareness around CBD applications. Eastern […]

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