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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.
Gunkul tries hand at cannabis
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published : 13 Mar 2021 at 04:00 Gunkul plans to use land near its wind turbines for cannabis and hemp businesses.
Gunkul Engineering Plc, a key renewable energy developer and construction company, is diversifying into cannabis development and hemp-based products by turning some of its wind farms into cultivation and production facilities.
The company wants to take advantage of the state policy that delists marijuana and hemp from the narcotics category to earn extra revenue as well as make use of vacant land near its wind turbines.
Gunkul is interested in growing the plants and processing them for medicine and the food and beverage business.
Gunkul tries hand at cannabis
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