Thailand is to become the most Pro-Cannabis Country in Asia
Full legalisation of marijuana is a manifesto pledge of one of the political parties contesting the country’s upcoming general election.
While the country has been one of America’s biggest allies when it comes to the War on Drugs, the conservative military-run nation is beginning to peel back the harsh anti-pot laws and opening the doors to medical research.
Thailand has a long history with the plant, where the words “bong” and “ganja” originated, which is also very much intertwined with our American history with the plant. In December, it became the first country in Asia to legalise medical marijuana.
Citing the success of the western push to legalise cannabis both monetary and medically, Thailand is currently in a race with Malaysia to become the centre of marijuana in Asia.
What is Thailand doing?
Almost every country in Asia has been firmly against cannabis for decades, with many countries following the lead set by America for the War on Drugs. Being caught with the drug can mean a hefty fine or severe jail time, depending on the amount.
Thailand has walked toe to toe with America in the War on Drugs, with the country having the most extensive prison system in the region, and 70 percent of the inmates jailed on drug crimes.
Last December, the country quietly allowed medical marijuana research to begin in the country. The vote was unanimous, showing a change in temperament in the country and the region.
Policymakers in the country are saying that a global shift in legislation has to lead in no small stigmatization in the country, while others point to America’s weakening influence on the land.
Another big push for the plant is coming from the big payday expected.
“It will wake up the agricultural industry in Thailand,” Chokwan “Kitty” Chorpaka, a Thai activist, tells PRI. “We’re that country that loves to promote cash crops: rice and rubber and palm oil. Cannabis is just another cash crop that they want to bring in and stimulate the economy.”
The plant grows well in the nation, which is well suited for year-round growing and vast amounts of land.
Currently, the country has a medical marijuana system that will treat cancer, multiple sclerosis, chronic pain, epilepsy and more in the beginning. Research centres looking into more possible benefits are also being set up in the country.
Scientists in the country have already come up with a series of products aimed at helping reduce pain in those suffering, including THC-infused wafers, massage oils, a nasal spray and a powder that mixes up some of Thailand’s most notable spices.
ETA Globacan and Investing in Thailand’s Cannabis Induistry
We here at ETA have set up an Investment company and partnership with Thailand’s Largest University, Kasetsart University, in the world’s fastest-growing multi-billion-dollar industry.
We are currently looking for interested Investors so that when our Business License is granted – we can start to make the best use of our Partnership and also the beginnings of a very profitable industry here in Thailand.
This move is part of our “Ethical Investment” Strategy adopted in 2017.
The first product we developed and invested ourselves heavily in to was the Aditya Group Bond which was used to restructure the debt for Aditya Group, saving them millions of dollars per year in interest payments.
Any money invested into this will be sent to Magna Carta before being forwarded to ETA only once the criteria regarding the Real Estate securing the initial investment is verified and according to the terms agreed.
Do not hesitate! Ensure that you become one of the first to invest in the Cannabis Industry in Thailand.