GreenPharma Botanicals provides services to develop hemp plant varieties and importing seeds, producing seeds and exporting seeds, we provide cultivation services and support services for the hemp operation industry.
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Commercial hemp cultivation is legal with certain restrictions in Thailand. Hemp crops must not exceed 0.5% THC while hemp seeds can not exceed 0.3% THC. New regulations allow for individuals and juristic entities that are registered in Thailand to cultivate hemp commercially. These juristic entities must be owned at least two-thirds by Thai citizens. Once hemp farmers and juristic entities are licensed, they can produce, sell, possess, import, and export hemp. Personal hemp farming is also permitted as long as they are approved with licensing. Since most of the hemp strains native to Thailand have low levels of THC and CBD, the ability to import CBD hemp seed will be a great opportunity for local farmers and businesses.
Hemp cultivation is not restricted by location in Thailand. The Public Health Ministry has already approved hemp farms in Chiang Mai’s Mae Wang, Samoeng, Mae Chaem, and Mae Rim districts. Other approved farms are located in Chiang Rai’s Thoeng, Mae Sai, and Wiang Pa Pao districts; Tak’s Phop Phra district; Nan’s Na Mun, Song Kwai, and Santisuk districts; Mae Hong Son’s Muang district; and Phetchabun’s Muang, Kha Kho, and Lom Khao districts
Demand for CBD extract and hemp seed oil for usage in high value-added industries such as medicines, cosmetics, food and beverage, supplements, and pet food – as well as demand for hemp fiber as raw materials in the auto parts and bioplastics industries – are expected to enjoy growth in Thailand and on the global market. Such trends are pivotal to subsequent increases in hemp farming investments.
Thailand has some of the more progressive cannabis laws when it comes to countries in Asia. With recent intentions to approve a medical marijuana program, Thailand has also recently legalized hemp cultivation and CBD products with certain regulations. Hemp was removed from the list of controlled substances in 2019 and commercial hemp cultivation laws were established in early 2020. This gives Thai hemp farmers an excellent opportunity to tap into the lucrative global CBD market.