To promote the development of medical marijuana products, Thailand has removed low-level cannabis and hemp extracts from its banned narcotic substances list
Share to twitterRANGSIT UNIVERSITY, BANGKOK, PATHUM THANI, THAILAND - 2019/08/02: A scientist displays raw cannabis extract before separating it into 3 pure cannabinoids extracts such as CBN, CBD and THC at Rangsit University in Pathum Thani Province, north ofBangkok, Thailand – To promote the development of medical marijuana products, U.N. member state Thailand has removed low-level cannabis and hemp extracts from its banned narcotic substances list, according to officials.
“So far, only hospitals and research facilities are allowed to apply for licenses to develop medical extracts from cannabis, but businesses see an opportunity,” according to CBD extracts from cannabis and hemp plants containing less than 0.2% THC, were removed from the narcotics scheduling, according to a Thai regulator.
Vertical integration for cannabis is limited to licensed domestic producers for five years to protect the nascent industry, according to Tares. However, reviewing regulations that would allow businesses to apply for permits is currently underway. Upwards of 334 permits are already issued, primarily to hospitals and health agencies, according to the
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