BANGKOK: Cannabis is scheduled to be removed from the Category 5 narcotics list tomorrow (June 9), allowing people to grow an unlimited number of plants at home.
In a highly anticipated move, Thailand is set to decriminalise cannabis and hemp on June 9 as a new law takes effect. The milestone makes Thailand the first Asian nation to decree home cultivation legal, but there are still prohibitions. The Bangkok Post breaks down pressing questions surrounding the new regulations.
JSP Pharmaceutical Manufacturing (Thailand) plans to increase production of cannabidiol (CBD) oil, extracted from cannabis and hemp, to 30,000 kilogrammes by the second half, up from 300kg, to serve demand for CBD mixtures in products ranging from food to cosmetics.
Shares of JSP Pharmaceutical Manufacturing (Thailand) (JP), a medicine and nutritional supplements distributor, opened trading at 9.40 baht on the Market for Alternative Investment (MAI) on Tuesday, up 34.29% from the initial public offering price (IPO) at 7 baht.