Bangkok Post - Gunkul suspends cannabis investment amid confusion
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
2022: A roller-coaster ride for Thailand s cannabis industry | Thai PBS World : The latest Thai news in English, News Headlines, World News and News Broadcasts in both Thai and English We bring Thailand to the world
thaipbsworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thaipbsworld.com Daily Mail and Mail on Sunday newspapers.
Gunkul to invest B2bn in cannabis
published : 7 Jun 2021 at 04:30
An artist s conception of a greenhouse for cannabis built on part of Gunkul s wind farm. We want to take advantage of the state s policy that delists marijuana and hemp from the narcotics category to earn extra revenue and make use of vacant land near our wind turbines, said Phongsakorn Damnoen, Gunkul chief operations officer for the energy business.
The company decided to turn 2,000 rai of its wind farms in Nakhon Ratchasima into a plantation and production facility, with a projected capacity of 1.1 tonnes of cannabis per day.
The cannabis business is going to be operated by Gunkul s wholly-owned GK Hemp Group. Of the 2-billion-baht budget, 1.5 billion is for plantation development while 500 million is to develop a factory to extract cannabidiol oil.